The University at Buffalo will celebrate faculty inventors and innovative companies that reside in the UB Technology Incubator during the university’s annual Inventors and Entrepreneurs Reception today. The invitation-only event begins at 4 p.m. at the Center for Tomorrow on UB’s North Campus. During the reception, Alexander N. Cartwright, vice president for Research and Economic [...]
SAN FRANCISCO — Facebook is baring its business soul. The unveiling came late Wednesday when the company that depends on people to share their lives online filed its plans to raise $5 billion in an initial public offering of stock. It’s a revelatory moment that prospective investors, curious competitors and nosy reporters have been awaiting [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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.
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.
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 …
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.
BUFFALO — Sen. Kirsten Gillibrand is looking for input from women on how to create better economic opportunities for women in the workforce. Gillibrand is scheduled to hold an economic empowerment roundtable …