Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
State funds headed to seed stage companies
Empire State Development approved awards of more than $25 million from the federally funded Innovate NY program to six investment entities from across the state.
SBA taking applications for new round of Intermediary Lending Pilot Program loans
The U.S. Small Business Administration (SBA) is opening its Intermediary Lending Pilot Program (ILP) for a second round. The ILP program provides long-term loans to
ITHACA — E2e materials has taken another step toward establishing its new manufacturing facility in Geneva. The firm closed a $400,000 loan from the Ontario
M&T Q1 profit nearly even with last year
M&T Bank Corp. (NYSE: MTB) earned $206.5 million in the first quarter, up slightly from $206.3 million a year earlier. The banking company, based in
Improvement in manufacturing conditions slows in April
Business conditions remained positive for New York manufacturers in April, although they improved at a slower rate than in recent months, according to a survey
Nirvana to boost production, add equipment and workers
BOONVILLE — A $4.3 million Small Business Administration (SBA)-backed loan for new equipment will help Nirvana, Inc. increase its production by 67 percent and boost
Herkimer Motel & Suites completes upgrades
HERKIMER — When brothers James and John Brown became more involved in the running of the family business, the Herkimer Motel & Suites, nearly a
CABVI lands military procurement contract
UTICA — The Central Association for the Blind and Visually Impaired (CABVI) recently won a contract with the U.S. Army Security Assistance Command (USASAC) as a prime vendor for foreign military sales (FMS) programs. Under the contract, CABVI will provide troop-support equipment and clothing items in support of the Aberdeen Contracting Center Aberdeen Proving Ground.
Furniture store ramps up marketing efforts
RICHFIELD SPRINGS — During a recession, buying new furniture may be about the last thing on anyone’s mind, but now that the economy is showing signs of continued recovery, Jeffrey Sarafin is hoping to take advantage of that momentum and boost business at his furniture store. Sarafin established Jeff’s Handcrafted Amish Furniture four years ago
Mohawk Valley native launches gift product with ‘Beekman Boys’
Mohawk Valley native Michelle Roberts has a new product that she hopes will help her business take flight with a little help from some entrepreneurs and reality TV stars in Sharon Springs. On Valentine’s Day, Roberts launched a gift line called Messenger Birds, which features a handcrafted ceramic bird with a unique feature. Instead of
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.