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Law, Accounting & Taxes

State launches $10 million loan fund for entrepreneurs

ALBANY, N.Y. — New York State has launched a new $10 million fund that will provide qualifying startup and early-stage companies with access to affordable term loans up to $100,000. The Main Street Capital program is part of New York’s broader State Small Business Credit Initiative efforts led by Empire State Development, the office of

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Nonprofits EFR, ARISE plan to merge

SALINA, N.Y. — The boards of directors of Exceptional Family Resources (EFR) and ARISE say they are planning to merge the nonprofit organizations to “better serve people with disabilities.” EFR operates at 1820 Lemoyne Ave. in the town of Salina. ARISE’s main office is located at 635 James St. in Syracuse. Both EFR and ARISE

Dannible & McKee names two new partners

SYRACUSE — Dannible & McKee, LLP, a certified public accounting and consulting firm based in Syracuse, recently promoted a pair of professionals to partner. Samuel M. Lyon, CPA, was elevated to tax partner in the Syracuse office, and Robert C. Reeves, CPA, CFE, was named audit partner in the firm’s Schenectady office. Lyon began his

Koffman Southern Tier Incubator to use $100K from Broome County to help three startups

BINGHAMTON, N.Y. — The Koffman Southern Tier Incubator in Binghamton will use $100,000 from Broome County to help three local startups that are incubator member companies. The allocation of funding for the firms includes $50,000 for Agri-Trak, $30,000 for LiBama, and $20,000 for Hub Controls. The incubator describes the funding as an “equity investment.” The

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