How Cayuga County will benefit from $12.1M in state funding

Last week, Governor Andrew Cuomo announced this year’s recipients of State funding from the Consolidated Funding Application and Regional Economic Development Council (REDC) process. This process included roughly $755.7M in funding from 22 programs administered by 11 State agencies. Of the total $755.7M, approximately $410.7M was awarded to specific projects and the remainder was awarded … Continued

Cayuga County projects performed well in Round 7 of NYS REDC Awards

Governor Andrew Cuomo’s Regional Economic Development Council (REDC) Round 7 Awards announcement yesterday brought plenty of good news to our Central New York (CNY) region and, even closer to home, Cayuga County.  Central New York was announced as a “top performer” along with four other of the 10 REDCs and was awarded $86.4M to 112 … Continued

Shop local, shop small, support Cayuga County

On Small Business Saturday, Think Cayuga! It’s that time of year. The time when we set aside entire days for shopping. The time when shopping feels more like a sport. The time when we look for something extra special to spend our hard earned dollars on. As you wind down from your Thanksgiving festivities and … Continued

U.S. Manufacturers Report Record-High Optimism in 2017- Report Summary

According to the National Association of Manufacturers’ (NAM) quarterly Manufacturers’ Outlook Survey, the first three quarters of 2017 have shown the highest three-quarter average (90.87%) of manufacturing firms’ optimism regarding their own company’s outlook since the survey began 20 years ago. Manufacturers of all sizes expect growth across a variety of indicators, including production, capital … Continued

How to succeed at starting a business in Cayuga County

Not all entrepreneurs start their business with a plan, but those who do are statistically more likely to succeed.  The failure rate of startup businesses in the US is 50% by year five, so it is very important for people to do their research before taking that risk. “By failing to prepare, you are preparing … Continued

Looking back on a year of growth for the Cayuga County business community

Photo caption:  The Cayuga County Chamber of Commerce celebrates the grand opening of L.B. Lightning Cyclery with a ribbon cutting ceremony in October 2016. The Cayuga County Chamber of Commerce’s 108th Annual Dinner is coming up on October 18, and this year’s theme is Celebrate Cayuga! It seems to be an appropriate year for this … Continued

Workforce Assessment Underway: Employer Input Needed

The Cayuga County Chamber of Commerce and Cayuga Economic Development Agency are seeking input from Cayuga County employers regarding their hiring and training practices, challenges, and needs.  Employers can provide input on this increasingly critical issue by taking the following survey: All employers, including businesses, nonprofits, and municipalities, in Cayuga County are encouraged to … Continued

Simple Roast Coffee Company brewing in Cayuga County

“Maureen and the CEDA office have been a help in setting up our small business in Auburn since day 1. From our first meeting until now they continue to offer support and guidance in helping us grow our business.” ~Matt Peirson; Owner, Simple Roast Coffee Company   Matt Peirson came to CEDA in Spring 2016, … Continued

Springside Inn owners building new hotel in Cayuga County

Above map shows where the hotel would be located; directly across from Emerson Park at the northern end of Owasco Lake. “Bruce [Sherman] is professional, timely, and always willing to discuss and research any idea we may have as it pertains to our business growth or efficiencies.  If you have a business in Cayuga County, … Continued

Cayuga County’s sales tax revenue points to growth

Image source: Office of the New York State Comptroller, First Half of 2017: Local Sales Tax Growth Ticks Up Statewide As a New Yorker, you hear a great deal about taxes. All the annoying ones: property taxes, income taxes, corporate taxes, and the one with no escape– sales tax.  Sales tax, the dreaded eight cents that … Continued