Simon receives $3M gift

NAIOP program on business outlooks

By Daily Record Staff
POSTED: January 26, 2012
Tags: business outlooks, Local Business, NAIOP

Monroe County Executive Maggie Brooks and Rochester Mayor Thomas S. Richards will discuss the short and long-term outlooks for local businesses at the February meeting of NAIOP Upstate NY. The program, “New York — Open for Business,” will include what is being done to attract businesses and what new developments are on the horizon. It [...]

State Senate bloc pushes for small business laws

By The Associated Press
POSTED: January 20, 2012
Tags: health insurance, laws, small business, state Senate

ALBANY — While New York devotes much of its effort and billions of dollars in tax breaks to attract global corporations, an influential bloc of state senators is targeting small business. The Independent Democratic Conference is proposing bills to help small business cut health insurance costs that can be 50 percent higher than in other [...]

New York biz sellers lower asking prices

By Dolan Media Newswires
POSTED: January 9, 2012
Tags: businesses, New York State, sale price

Sellers of businesses in New York are asking slightly less than they did a year ago with revenue also slipping slightly, according to an industry study. The median asking price for a business in New York at the end of 2011 was $250,000 down from $259,000 a year ago, according to BizBuySell.com. Median revenue slipped [...]

Young businesswoman making an ‘Empact’

By Denise Champagne
POSTED: December 9, 2011
Tags: Amy Castronova, Novatek Communications, White House, young entrepreneurs

Amy Castronova of Webster was still in college when she bought and started running a business. Not even a decade later, she was invited to the White House last month as one of the country’s top 100 entrepreneurs aged 30 or less. Castronova is the president and CEO of Novatek Communications Inc., which has evolved [...]

Former Buffalo woman to lead department

By Daily Record Staff
POSTED: November 3, 2011
Tags: Economic Development, new york power authority

Leecia Eve, formerly of Buffalo, has been appointed deputy secretary for Economic Development by Gov. Andrew M. Cuomo who is recommending Gil C. Quiniones to be president and CEO of the New York Power Authority. Eve most recently served as senior vice president and general counsel to Empire State Development, the state’s primary economic development [...]

Regional SBA loan figures improve

By Todd Etshman
POSTED: October 14, 2011
Tags: Datrose, loans, SBA, Small Business Administration

The Small Business Administration Buffalo District Office ended its fiscal year with higher loan figures than in 2010, increased lender participation and an Oct 11 visit by regional administrator Jorge Silva-Puras to Webster-based company, Datrose.

‘What is an Invention’

By Daily Record Staff
POSTED: October 4, 2011
Tags: invention, inventors, patent law, researcher, technology transfer process, U of R

The University of Rochester F.I.R.E. series will present a program on inventing from 9 to 10 a.m. Oct. 13 in the Class of ‘62 Auditorium. Dr. Kathryn Doyle, partner and chair of Riverside Law in Pennsylvania, will talk about the technology transfer process and when a researcher becomes an inventor and research yields an invention.

Ex-president Clinton talks job strategy

By The Associated Press
POSTED: September 27, 2011
Tags: Bill Clinton, Economy, recovery, speech

ALBANY — In an often rousing speech, former President Bill Clinton urged New York to keep looking to the future to create a better state. “New York can rise again,” Clinton said “What we need is to suit up and win again.” He urged the Rust Belt …

SBA sees record number of loans in fiscal 2011

By Todd Etshman
POSTED: September 20, 2011
Tags: fiscal 2011, lending, record number, SBA, small business loans

As the Small Business Administration’s fiscal year draws to a close, representatives from the SBA’s federal office in Washington, D.C. and the regional office in Buffalo say they’ve issued a record number of loans in 2011 — despite the re-implementation of SBA guarantee fees charged to borrowers.