Through the Buffalo Billion and a number of other programs, there is a lot of state money pouring into Western New York . But there is a problem for small local governments without the staff to look for cash.
On WBFO's Press Pass, Jim Fink of Business First says his publication's recent study indicates that nearly $16.6 billion in economic development projects are underway throughout the eight counties of Western New York.
Eleven finalists were announced in the 43North business plan competition Thursday. The contestants are competing for $5 million in cash prizes, including a top award of $1 million dollars. Each of the competitor is guaranteed to receive a cash prize of at least $250,000.
Senator Charles Schumer is calling on the U.S. Army Corps of Engineers to complete its wetlands review of the former Bethlehem Steel site in Hamburg. The review stands in the way of possibly bringing FedEx to the region.
Direct international flight to two new destinations will now be offered at the Buffalo Niagara International Airport. Toronto-based Sunwing Airlines announced Tuesday it will offer non-stop flights to Punta Cana, Dominican Republic and Cancun, Mexico starting this winter.
A private sector group has been formed to preserve and advanced the Chippewa District in downtown Buffalo. The Chippewa Alliance is comprised of representatives from various local businesses, including Key Bank, Uniland Development, Delaware North Companies, Eric Mower + Associates, Evergreen Health Services, North American Breweries (Labatt), Kenney Shelton Liptak Nowak LLP.
Minority and women-owned business are encouraged to learn more about bid opportunities and strategies later today. The Dormitory Authority of New York State will be in Buffalo Wednesday to host a business outreach and networking event at the Hyatt Regency. The Dormitory Authority helps facilitate finance and construction.
Albany has agreed to provide $10 million worth of performance based incentives to help Praxair expand and modernize its Town of Tonawanda facility. Praxair, the largest industrial gases company in North and South America, had worldwide sales last year of $12 billion.
New products are once again rolling out the door at Niagara Lubricant. Three years after the 91-year-old company's original factory in Black Rock was destroyed by fire, it has officially reopened in the former American Axel plant on East Delevan Avenue.
A contest that bills itself as the world’s largest business plan competition announced the conclusion of its application process Monday. 43North attracted 6,932 applicants from across the world to take part in the competition in Buffalo, which includes applicants from all 50 states and 96 countries.
BlueCross BlueShield of Western New York announced Wednesday that 40 new jobs are coming to Buffalo. The company is moving the jobs from other company operations in Blue Bell, Pennsylvania to its Buffalo headquarters.
A new study was released Monday to steer developers to historic buildings ready for re-purposing in downtown Buffalo. The ‘Preservation Ready Survey’ is expected to make it easier for developers to see which buildings are eligible for historic preservation tax credits and incentives.
Aspiring entrepreneurs at the University at Buffalo will participate in a rapid-fire competition expected prepare them for pitching business ideas to potential financial backers. Seventy-five student teams will have 90 seconds to deliver their idea to a panel of six judges.