The region’s innovation district – the Buffalo Niagara Medical Campus – continues to drive discovery and entrepreneurship through the co-location of growing companies, health care entities, research organizations, and academia. More than 16,000 students, researchers, doctors, business leaders, and innovators come to work every day on the BNMC, providing the perfect environment to create unique connections and collaboration.
Business growth and expansion requires capital. Accessibility and cost of capital are key factors in a company’s determination of how to fund growth. For early-stage, high-growth companies, raising funds from venture and angel investors in exchange for equity is critical.
Economic Gardening is an economic development program focused on helping Second Stage companies grow. Traditional economic development focuses on recruiting companies to come to town (economic hunting). This program focuses on growing local companies (economic gardening).
While travel over the Can-Am border remains restricted, the Toronto Blue Jays have decided to call downtown Buffalo their home for the time being. This new American headquarters for the Blue Jays allows for easier travel between cities and a home base for its players.
In today’s economy, we know that people, and specifically the talents they bring with them, are the most valuable asset to a company. And retaining that talent can often be even more critical to continued success.
For those of us steeped in economic development, constantly promoting and growing our communities, every week is economic development week! This year more than ever, we welcome the opportunity to pause and take stock of our accomplishments, as we all seek to lift our communities beyond the COVID-19 pandemic.
Have you identified the perfect candidate for your opening, but aren’t quite sure how to convince them that Buffalo really is the place to be? Look no further than our Be in Buffalo recruitment toolkit.