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Bi-Weekly Development News for Warren County and the Region

Ed Bartholomew, President | Arleen Girard, Chair

FEBRUARY 19, 2016

INSIDE EDC

Thank you to our sponsor:

EDC On the Move - Among some recent activities

Talking Business - EDC President Ed Bartholomew and recently named interim Adirondack Regional Chamber of Commerce President & CEO George Ferone shared lunch and ideas for collaborative opportunities at Samantha's this week. EDC welcomes George to his new role and pledges to find ways EDC can complement chamber goals and initiatives going forward.

EDC President Ed Bartholomew gave a presentation Wednesday evening at SUNY Adirondack to instructor Mark Westcott's Business Plan Development class. Topics Ed touched on included his insights into local economy and also how loan programs offered via LDC's and EDC can assist businesses fill "gaps" in funding for capital projects, equipment and in some cases working capital.

EDC is continuing to meet with area officials regarding the hot topic of rural broadband/cell access and capacity in Warren County. EDC is advocating for expanded funding opportunities for unserved and underserved areas within Warren County at both NYS and federal government level.

2016 EDC Economic Outlook featured speaker NYS Business Council President Heather Briccetti toured the new JUST Water packaging facility on Broad Street last week. Ms. Briccetti met with plant general manager Jim Siplon and told EDC she was very impressed with both the business plan presentation and the adaptive re-use of the former church into a production facility now back on the tax rolls.

SUNY Adirondack Continuing Education

SMALL BUSINESS SUCCESS WITH MAP - THE MICROENTERPRISE ASSISTANCE PROGRAM (MAP)

WHAT'S YOUR PLAN?

Mondays 6 p.m. to 8 p.m.
March 7th to May 16th

SUNY Adirondack Queensbury campus

Hartford Central School District

Salem Central School District

Prepare a business plan to help you launch or expand your small business. Speakers from local business, Washington County LDC, Warren County LDC and the SCORE business mentoring network will address topics such as Marketing, Bookkeeping, Financial Projections, Human Resources and Loans and Tools for small businesses.

PRE-REGISTRATION REQUIRED

Call 518-743-2238, email conted@sunyacc.edu or complete the form below & return it to the Office of Continuing Education.

Click here for form.

The Board of Governors of Glens Falls Hospital invites you to join us in celebrating the launch of At Any Moment

The Glens Falls Hospital Community CPR Challenge

Press Conference & Community Announcement

Tuesday, February 23, 2016

11 a.m.

Northwest Tower Lobby

All members of the GFH Board of Governors recently became CPR-certified after learning of an inspiring local life-saving story. We are now encouraging people across our region to join us in learning CPR - because any one of us may be in a position to save a life, at any moment.

SUNY Adirondack Gets $1.8M

One-time grant will be used to increase academic success

Read the article in the Post-Star.

WARREN COUNTY HAPPENINGS

Local Sales Tax Collections Improve In 2015

Sales tax totals across NYS by county and city show both Warren County and City of Glens Falls made gains.

Read the article.

Lake George Based Boat Retailer Closing a Satellite Store

Yankee Boating Center, the Lake George, New York, boating retail and service company, will close its Albany location Feb. 29.

Read the article in the Business Review.

ECONOMIC DEVELOPMENT & REGIONAL NEWS

Today, Vancouver consists of a few square kilometers of high-rises in a tiny downtown core hemmed in by a sea of single family homes. That needs to change.

Without Affordable Housing Vancouver Risks Becoming an Economic Ghost Town

Interesting article featuring the city of Vancouver's potential derailment of their tech boom due to lack of affordable housing options. Example illustrates the link between economic and community development.

Read the full article in the

Financial Post.

Taiwan Quake: TSMC, UMC Assess Impact; Expect Recovery in Days

The recent 6.4 earthquake in Taiwan in early February has caused interruption in TSMC and other semiconductor fab production. Impact not fully known yet. GlobalFoundries and others also have fabs in Taiwan. One of the primary reasons cited for Malta's Luther Forest as an ideal place to produce chips is the seismic stability and lack of major earthquakes.

Read the article in EE Times.

Here's How Small-Town America Is Primed to Beat Silicon Valley in Innovation

Article on how housing costs are reversing trend of tech startups from Silicon Valley back to small communities (provided there is adequate broadband capacity).

Read the article.