Category Archives: Business News

Howard Hughes Medical Institute (HHMI) recently announced that SUNY Empire State is one of a select group of colleges and universities receiving phase-two grants through its Inclusive Excellence 3 (IE3) initiative. 

The grant will help SUNY Empire continue its critical work in ensuring inclusion of all students in science. The college is one of only two SUNY institutions chosen to participate in this prestigious national program funded by one of the largest research philanthropies in science.

SUNY Empire’s grant—totaling $531,600 over six years—along with prior funding for previous phases, is being used to design experiments aimed at improving the introductory undergraduate science experience for students from historically underrepresented backgrounds.

Along with 14 cohort institutions, including University of California Santa Cruz, Fordham University, and Middlebury College, SUNY Empire will be tasked with finding ways to make the content of the introductory science experience more inclusive through faculty development, student engagement, and curricular change.

SUNY Empire also was selected to participate in the first phase of the project, which began in April 2021 and ends in March. In this phase, SUNY Empire worked with its partner institutions to identify and better understand institutional and cultural barriers to inclusion at colleges and universities of all sizes and geographies. SUNY Empire’s work specifically focused on systemic issues that affect the student learning experience in introductory natural science courses, such as biology, chemistry, physics, and environmental science.

The Bread Basket Cake Shop is a new destination in Saratoga Springs for specialty cakes fit for all celebrations. It was launched by Business for Good and all profits will be donated to local charities fighting hunger and food insecurity.

Bread Basket Cake Shop will occupy a retail boutique space within The Springs at 3 Hempstead Place.

The location will serve customers looking for specialty and custom cakes for all occasions, as well as offering coffee drinks and breakfast pastries throughout the day. The space features a special spot for consultations with Bread Basket Cake Shop’s team.

Bread Basket Bakery, with which the new business is affiliated, has been a staple of the Saratoga area for years. Since its incorporation into Business for Good’s family of companies, it has donated 100 percent of its profits to help “bake a difference” in the local community. 

With customer demand growing year to year, an opportunity arose to dedicate a unique space as a location for the bakery’s cake orders.

“Bread Basket Cake Shop is a much-needed service in the community,” said Business for Good cofounder Lisa Mitzen. “Not only will people get to enjoy delicious and beautiful cakes, but their choice of purchasing at Bread Basket Cake Shop will help local charities working to fight food insecurity and hunger in the Capital Region.”

The state Office for the Aging recently honored 94 older adults for their volunteerism, including Marlene Hathaway and Cheryl Wood of Saratoga County, as part of its annual Older New Yorkers’ Day celebration.

“The word ‘volunteer’ cannot capture fully the accomplishments of this group of incredible individuals,” OFA Director Greg Olsen said in his remarks at the event. “Older adults impress us all with their commitment to a greater good and a greater cause. You tell the real story of what’s good about people, what’s good about New York. Through your deeds and actions, time and again, you show us how valuable you all are to those you touch, to those you serve, to the families and communities and lives you make better.”

During Hathaway’s more than three years of volunteer services, the Mechanicville resident has contributed as a meal delivery driver, delivering hot meals to homebound seniors, and currently as a transportation assistant, driving  older adults to and from medical appointments throughout the county.

She is also a Telecare caller, supporting a program that began during the pandemic as a way to connect with older adults who may feel lonely and isolated. Hathaway continues to make these calls, which provide vital social connection while also serving as a wellness check.

She has a lengthy history of volunteering with other organizations. Hathaway graduated from Shenendehowa High School and then entered the U.S. Air National Guard, where she served for 20 years before retiring as a lieutenant colonel. “It is so rewarding to volunteer with seniors,” she said. “There is such a need to help and I absolutely love doing it.”

by Mark Shaw

The economic outlook for 2023 is the dreaded R word—Recession. 

It`s here. We know the media and our government are not exactly forthcoming saying it’s here, but if you are a consumer you see the change. Technology is often the canary in the coal mine. When tech companies start cutting jobs, that is when we see things starting. 

Amazon, Facebook, Twitter, and just a few days ago Salesforce, recently cut their workforce. Additionally, the news was just released that the financial sector cuts are coming. These two major driving economic forces are the first to start the layoffs. Next up, all of us.

But as a small business owner there is some comfort in the fact that you can probably find some places to cut costs and save money. Ideally, you have probably been doing this all along as the inflation numbers have grown. When it comes to your technology, if you currently have an IT staff, even if it’s just one person, you can use some cost-effective, time-tested methods to meet your needs. 

In today’s world you can outsource your information technology for often a fraction of the cost of retaining a fully loaded employee. Multiple studies shown that firms with 1-10 IT staff members have seen significant savings by outsourcing to an IT consulting firm. I have first-hand experience of the best ways this can and has been done.

By R.J. DeLuke

Longfellows Hotel, Restaurant and Conference Center at 500 Union Ave., Saratoga Springs, is closing this month as the property is being purchased by a New Hampshire group that owns and develops luxury hotels.

After more than a quarter century in business,  Steve and Yvonne Sullivan and David Powers are selling the property to Hay Creek Hotels of Exeter, N.H.

Price has not been disclosed. The Sullivans and Powers also own the Olde Bryan Inn, 123 Maple Ave., Saratoga Springs, and will continue to operate it.

“After almost 50 years in hospitality, it’s time to step back,” said Steve Sullivan. “I believe Longfellows is in good hands. Going forward, we plan to continue to own and operate the Olde Bryan Inn for many years to come. I also look forward to time spent coaching those around me, as well as working on social service projects, some that I’ve already been involved in for many years.”

The 2022 Holiday Match Program conducted by Stewart’s Shops has raised over $2 million for local children’s organizations, the company said. 

From Thanksgiving Day through Christmas Day, Stewart’s customers donated $1,011,281 to the program. Each individual donation was doubled by Stewart’s Shops. With no administrative fees, 100 percent of the funds benefit local, nonprofit children’s organizations.

“We are continually amazed by the generosity of our customers. We are proud to double their gifts allowing us to share more with our communities. These gifts have the power to accelerate progress where it’s needed most and support projects and services that can fuel real change in our communities,” according to Jennifer Frame, Stewart’s Shops director of corporate philanthropy.

Some 1,716 children’s organizations received funding from last year’s Holiday Match campaign. The grants help children all year long.

By Paul Post

The Saratoga Economic Development Corp.  helped secure $1.5 billion in new business construction, which created and retained thousands of jobs during Dennis Brobston’s tenure as the nonprofit agency’s president.

This doesn’t include the GlobalFoundries’ $15 billion investment at Luther Forest Technology Campus in Malta, where plans are in the works for a second computer chip manufacturing plant that might cost up to $10 million and create 1,000 more jobs.

Brobston, 63, retired Dec. 31 after 14 years with SEDC.

As he looked back at his tenure, he said he expects the Malta project to fuel a whole new wave of business and job growth. That’s why SEDC’s focus the past few years has been on providing the industrial space and workforce housing needed for related, support firms to locate here and succeed.

“We’re seeing the need for these things because of the economic viability of our county for new jobs,” Brobston said. “My concern with Global is that when they pull the trigger on Fab 8.2 and start to get new people in here, that we have enough capacity to handle that.”

“It’s hard to get workers if you don’t have workforce housing,” he said. “You’ve got to have a place for people to live. It’s something people all across the country are talking about. It’s definitely needed in our county because it’s difficult for some people to afford rents, which have grown to $1,200 to $1,500 for sometimes outdated apartments, let alone buy a house.”