In the News
Western, upstate NY tech hub bid aims for $54 million in federal funds
Blog Categories
BUFFALO, NY (The Buffalo News) — The “tech hub” bid submitted by Buffalo, Rochester and Syracuse plans to use about $54 million in federal funds to bolster the semiconductor industry in upstate New York.
Now, the three-region team will wait to find out if its entry is deemed worthy of funding, in a competition overseen by a federal agency.
Dottie Gallagher, president and the CEO of the Buffalo Niagara Partnership, said she sees funding from the program as akin to “seed capital,” supplemented with other sources of funding to fully achieve the plans. But the $54 million – along with the pledged $10 million from the state –would activate the plans.
Related Posts
John Persons honored for Tops leadership after 5/14
BUFFALO, NY (The Buffalo News) — As Tops Markets’ president and chief operating officer, John Persons led the company through a time of grief, following the May 14, 2022 racist attack that killed 10 Black people at its Jefferson Avenue store. Persons received the Buffalo Niagara Partnership’s inaugural Industry Leader award on Thursday, at the business group’s economic development summit.
Tech hub partners in Buffalo, Rochester and Syracuse team up for $75M funding push
BUFFALO, NY (The Buffalo News) — When Buffalo teamed up with Rochester and Syracuse to be named one of 31 “tech hubs” around the country by a federal agency, it proved that regional collaboration can pay off.
But that was just the start.
Workers still hard to find, but employers determined to hire
BUFFALO, NY (The Buffalo News) — Employers are still struggling to find the workers they need.
That point shone through once again in the Buffalo Niagara Partnership’s annual survey of its members’ top concerns. For the the third straight year, finding and keeping qualified talent was their No. 1 worry.
Buffalo Niagara Partnership Releases 2023 Member Pulse Report
BUFFALO, N.Y. — For the third consecutive year, difficulty finding and retaining qualified talent ranked as the top concern of BNP members, with three quarters reporting that they have unfilled positions. The impact of inflation and higher interest rates raised market conditions to the second concern after spending several years further down the ranking.