Just a one year after Steve Case’s Rise of the Rest Tour rolled through Buffalo, we are proud to be participating in a Steve Case-supported Village Capital (VilCap) accelerator program - sponsored by Rise of the Rest, the Ewing Marion Kauffman Foundation, and the Sorenson Impact Center — which will help biomedical companies in Western New York.
The economic developer’s toolkit in New York includes a variety of tax incentives, abatements, grants and loans that can be quite confusing, even for a seasoned professional. Many incentives at the state and local levels can be utilized for one project but not all incentives can be layered. In the case of the state’s two largest tax incentive programs – the Excelsior Jobs Program and Start Up NY – only one can be applied to a company’s project. That brings up the question – which program is best suited to benefit a company’s growth?
This week Buffalo will host the 7th Annual Bright Buffalo Niagara Entrepreneur Expo, an event designed to connect startup companies in Buffalo, New York with potential investors. In addition to a keynote address from Bill Rancic, the original Apprentice, 32 competitively selected companies will deliver 5 minute and 90 second investor pitches.