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economic development

Report: ESD fails to fully evaluate most of its economic development programs (access required)

Empire State Development spends nearly $2 billion annually in taxpayer money for loans, grants, tax credits and other incentives to companies and projects, but fails to properly evaluate most of its programs to determine if they actually are boosting the ...

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Batavia christens City View Residences at Elliott Place (access required)

City View Residences at Ellicott Place, a $3.15 million Downtown Revitalization Initiative (DRI) in Batavia, was officially christened on Thursday. The 10 market-rate apartments range in size from 876 square feet to 1,184 square feet. There are seven one-bedroom units ...

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Black-founded Rochester business receives $100,000 Google grant (access required)

Google for Startups has awarded Rochester-based Sign-Speak a non-dilutive $100,000 grant as part of its second Black Founders Fund awards. As part of the program, Sign-Speak Founder Yamillet Payano will receive technical and business mentorship from Google employees, $120,000 in ...

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Mayor outlines plan to spend $202 million in federal recovery funding (access required)

The city of Rochester would pay a monthly stipend to up to 200 financially burdened families, provide economic incentives to eliminate food “deserts” and “greenline” previously redlined neighborhoods by building affordable housing on vacant lots if City Council approves Mayor ...

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Deep tech startup accelerator coming to Rochester (access required)

A California-based accelerator program focused on startups that create deep tech, will be investing in Rochester startups. MARL 5G, based in San Mateo, will open a center in Rochester and says it will use MARL Fund capital to invest in ...

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Visit Rochester making sure people again do just that (access required)

If you ever want to disappoint the folks at Visit Rochester, just tell them they can’t work. The COVID-19 pandemic created a collective case of cabin fever for the 18 employees at Visit Rochester, the official tourism promotion agency of ...

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Four area startups among Grow-NY finalists (access required)

Four Rochester-area startups are among the 20 finalists in round three of Grow-NY, the food innovation and agriculture technology business challenge that provides up to $1 million in funding for the winner. Grow-NY focuses on the enhancement of the emerging ...

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LandPro breaks ground on new Batavia location (access required)

LandPro Equipment broke ground Tuesday on a new facility in Batavia that will house the firm’s agricultural, commercial, construction and homeowner sales and service operations in Genesee County. The company, headquartered in the Chautauqua County village of Falconer, is building ...

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Round 5 of Luminate now accepting applications (access required)

Luminate NY, the world’s largest business accelerator for startup companies that have optics, photonics, and imaging (OPI) enabled applications, is now accepting applications for round five of the program. The accelerator brings visionary companies to the Finger Lakes Region to leverage ...

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