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economic development

Rochester has benefited from KeyBank’s community investment initiative (access required)

KeyBank has invested more than $281 million to support low- to moderate-income communities in the Rochester area in the first three years of its National Community Benefits Plan, according to the bank’s 2019 Corporate Responsibility Report. The National Community Benefits ...

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Public Market receives REDCO assistance (access required)

The city of Rochester Public Market has received a $50,000 grant from the Rochester Economic Development Organization. The grant is aimed at assisting vendors who have been adversely affected by the COVID-19 pandemic. Throughout the pandemic, the Public Market has ...

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GCEDC in talks with Buffalo logistics firm for Agri-Business Park facility (access required)

The Genesee County Economic Development Center is in talks with a Buffalo-based logistics provider to construct a regional multi-temperature warehouse facility in the Genesee Valley Agri-Business Park in the town of Batavia. Sonwil Distribution is proposing a multi-temperature warehouse that ...

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Irondequoit’s RISE program will assist small businesses with grants (access required)

The town of Irondequoit’s new RISE program will provide grants to locally owned small businesses to aid in their recovery from the coronavirus crisis. Revitalizing Irondequoit’s Small Business Economy program (RISE) will have $340,000 in funding available from the CARES ...

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City to provide help for businesses impacted by weekend looting

Emergency grants and loans may be available to businesses in Rochester that were impacted by weekend looting vandalism after a peaceful Black Lives Matter protest escalated into civil unrest in the city and several Monroe County towns. The city of ...

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Greece makes grant money available to town’s small businesses (access required)

The town of Greece has launched a new initiative to provide assistance to small businesses impacted by the coronavirus pandemic. The GROW Greece Program is meant to grant support for businesses, retain jobs in the town, provide opportunities and work ...

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Phase 2 of reopening begins now for Finger Lakes Region (access required)

Gov. Andrew Cuomo today gave permission to the Finger Lakes and four other regions in New York to proceed with Phase 2 of the economic reopening. That means offices, real estate, retail, hair salons and barbershops, automobiles sales, commercial building ...

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Canandaigua Chamber of Commerce launches own magazine (access required)

The Canandaigua Chamber of Commerce is using a new lifestyle magazine as a vehicle to sell the virtues of life in the region. ONCanandaigua was created by the chamber in partnership with Fahy-Williams Publishing of Geneva and will be used ...

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New owners of Aqueduct Building envision vibrant, diverse downtown community (access required)

The development team that bought the stately, sprawling Aqueduct Building intends to create a diverse, multi-use riverfront campus that becomes a gateway to downtown Rochester’s west side. Peter Landers, Rob Sands and Jim Costanza — partners in A50EB LLC, aka ...

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With funding still available, Congress set to amend PPP rules, Morelle says (access required)

With around $100 billion in loan funding still available, Congress is working on revisions regarding how businesses can allot Paycheck Protection Program money provided through the CARES Act. Several new bills are under discussion that, if approved, would extend the ...

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Morelle: Congress must continue to invest in economic recovery (access required)

Health care and entertainment are among the many sectors of the economy that will require financial help as Congress considers another round of emergency funding to offset the impact of the coronavirus pandemic. But legislators also may consider a legal ...

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OK for Phase 2 of reopening depends upon success of Phase 1 (access required)

Certain portions of the local economy have permission to fire back up operations today, but that doesn’t mean the next phase will automatically begin in 14 days. Phase 1 of reopening the Finger Lakes Region began at 12:01 a.m. for ...

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