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Census data helps business make critical decisions
The U.S. Census Bureau has made a significant push to encourage participation in the count this year, and the business community is hoping people listen. While the census will determine reapportionment of seats in the House of Representatives (New York is likely to lose at least one) and how federal funding is allocated, the data […]
Cuomo says data and science, not emotions, will dictate reopening
New York Gov. Andrew Cuomo says if the state doesn’t take a cautious, data-driven approach to reopening the economy, then a second wave of coronavirus outbreaks can be expected and further shutdowns will be necessary. Cuomo outlined the criteria necessary for a region-by-region, phased-in reopening of business in the state during a visit Monday to […]
Morelle expects still more funding will be needed by small business
Rep. Joe Morelle believes Congress very likely will need to pump even more money into the Paycheck Protection Program and also rescue state and local governments when lawmakers consider the next round of emergency funding to keep businesses afloat. The CARES Act passed in late March included $349 billion in funding for the PPP, and […]
Abandoning precautions would mean certain spike, Mendoza says
To understand the steps necessary to reopen the economy in Monroe County, public health commissioner Dr. Michael Mendoza asked members of the Greater Rochester Chamber of Commerce to look at the decisions just as they would a business plan. Yes, new confirmed COVID-19 cases and hospitalizations are trending in positive directions. But social distancing precautions […]
Duffy appointed to coordinate post-pandemic reopening in Finger Lakes region
Gov. Andrew M. Cuomo appointed Bob Duffy, head of the Greater Rochester Chamber of Commerce and a former lieutenant governor under Cuomo, to coordinate public health and reopening of the economy in the Finger Lakes Region. Cuomo said during his daily briefing on the pandemic Tuesday morning, “We’re going to make reopening decisions on a […]
Greenlight to resume expansion into city
Greenlight Networks has signed a master license agreement with the city of Rochester, meaning high-speed internet may now reach more homes in heart of Monroe County. Greenlight had halted installation in the Rochester in February due to the city’s new Telecommunication’s Code. Greenlight president and CEO Mark Murphy said the fee structure contained within the […]
Morelle says bolstering Payroll Protection Program is a priority
Ensuring every small business has access to Paycheck Protection Program funding will be imperative as Congress considers additional action to bolster economic recovery in the wake of the coronavirus pandemic, Rep. Joe Morelle said Wednesday. Morelle said that while the Payroll Protection Program contained in the $2.3 trillion CARES Act provided up to $349 billion […]
SUNY Geneseo president named co-chair of regional economic development council
The Finger Lakes Regional Economic Development Council has tapped SUNY College at Geneseo president Denise Battles as its next co-chair. Battles succeeds former Monroe Community College president Anne Kress, who served in the role from 2016 until December 2019. Battles shares the chairperson role with Robert Duffy, president and CEO of the Greater Rochester Chamber […]
NextCorps awarded $10 million to accelerate clean-energy companies
Rochester’s NextCorps incubator is about to hatch more companies that will focus on clean energy. The New York State Energy Research and Development Agency announced Thursday that NextCorps will receive $10 million over five years to develop the program, based on the proof-of-concept Nexus-NY center it developed that launched 22 cleantech companies. Another accelerator, NEX-NY […]
Schumer eyes relief for big business, fixes to small business lending
Forgivable loans for large businesses, similar to the relief granted to small businesses in the CARES Act, will be one order of business when Congress provides the next round of support for a suffering American economy, Senate Minority Leader Charles Schumer said on Thursday. The CARES Act did provide a 50 percent big business tax […]
ACT Rochester Regional Report Card shows improvement needed in several areas
ACT Rochester has released its annual Regional Report Card, which shows that the nine-county Rochester region trails the state as a whole in six of the eight areas analyzed. As a region, in the categories of children and youth, economic security and public safety, Rochester fares up to 10 percent worse than the state, while […]
Morelle expects more economic relief will be necessary
The $2.2 trillion emergency legislation passed by Congress last week very likely won’t be nearly enough to keep Americans employed and the economy afloat as the coronavirus pandemic steamrolls the country. “I suspect we’ll be back to either extend provisions of this or come up with additional programs,” Rep. Joe Morelle (D-Irondequoit) told around 400 business […]
