Coworking has long offered the flexibility desired by solo-preneurs and freelancers alike. But the COVID-19 pandemic, its impacts on the economy, and work-from-home policies have increased the importance of amenity-rich coworking spaces and community building centers.
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.
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).
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.
ReCharge NY is one of the state’s signature economic development initiatives. Through the program, qualifying businesses and nonprofits can focus on retaining jobs and strengthening their operations by controlling energy costs with stable, predictable pricing.
In 2019, Buffalo Niagara’s manufacturing industry imported nearly $11 billion in goods from other regions across the U.S. For plastics and adhesives, and electrical equipment suppliers Buffalo-Niagara looks outside our region for these products 80%+ of the time. Locating in Buffalo Niagara to feed the local supply chain is a great option for businesses to capture this marketing share.
If you’re paying attention even a little bit, you’ve heard the buzz about startups and how they are burgeoning in Buffalo. You may even have heard the phrase, “startup ecosystem” and wondered, what the heck is that?! If you are a founder, a founder-to-be (someone who’s always had the entrepreneurial spirit but isn’t sure how to get started), a thought leader, or idea generator - you’re part of the “startup ecosystem”.
Despite popular opinion, millennials are growing up. And though they may still let their man buns down as they take their French bulldog named Henry for a walk, they are also starting to settle down and search for homes.