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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
New Yorkers’ finances better than last year
New Yorkers’ financial health has improved in the last year, but a majority of residents still report finances that are the same or worse than
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
Former Utica McDonald’s employee tapped as company’s new COO
Tim Fenton, who started his McDonald’s career as a crew member in Utica, is set to become the company’s next chief operating officer. McDonald’s Corp.
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
New York Fed president says economic headwinds remain
Despite more upbeat data in recent months, the U.S. economy still faces some serious challenges ahead, the president of the Federal Reserve Bank of New
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
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