The last few weeks have been quite busy throughout Western New York, and for our team at Invest Buffalo Niagara. Our team recently attended or participated in the 43North Finals, Retool WNY Conference, and New York State’s Innovation Summit. The Invest Buffalo Niagara team was at each event, rooting on the exciting new opportunities, companies, and innovations making their home right here. Here’s a few of the team’s takeaways from each event and why you don’t want to miss them next year!
In many ways, the strength of the Buffalo Niagara resurgence, the momentum we felt here on the ground, and the story being talked about by economic developers, expats, NFL fans, and many others across the country was validated by the 2021 calendar year. Our region routinely entered itself into the national and even global conversation with significant project developments, innovations, and largescale transformations.
Business attraction projects can take more forms than many would assume. There are the basics—a company expanding into a new market or a company relocating an existing facility from one market to another.
Economic resurgence abounds in the largest regional economy in New York outside of New York City: We see sustained job growth trending 3% above 2010 levels, a Gross Metro Product boost of over 7% since 2011 – outpacing peer regions such as Cleveland and Pittsburgh - and an increase of 7.5% in exports since 2010.