The move is a bid to leverage talent at RIT and UR to help non-technical founders in jumpstarting new businesses and economic growth.
Economy & Business
A resilient rental market
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In many metros nationwide, the pandemic has forced landlords to drop their rents to retain and attract residential tenants. Not in Rochester.
Economy & Business
Blessing or curse?
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Amazon’s plan for 3 million square feet of new construction and more than 1,000 jobs in Gates looks like a big win for Monroe County. But is a mammoth fulfillment center a net gain for the local economy?
Beaconomics
Rochester’s renewed fuel cell focus
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Hyzon Motors, established here in 2020, plans to create 100 jobs at the former GM facility in Honeoye Falls. The news follows Plug Power’s decision to create an innovation center in Rochester.
Economy & Business
Thriving in a difficult time
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For small financial institutions in the Rochester region, 2020 was a surprisingly good year, with strong demand for residential mortgages and PPP loans to small businesses.
Economy & Business
The jobless rate swings upward
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Monroe County finished 2020 with a 6.9 percent unemployment rate, down sharply from last spring but up nearly a point from November.
Environment
Big ambitions to curb microplastic pollution
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Greg Madejski’s fledgling firm Parverio is using machine-learning algorithms to build a library of micro-level debris.
Economy & Business
Will the economy rebound post-pandemic?
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In a Rochester Beacon online event, economists Jed Kolko and Mark Zupan say much depends on the success of vaccination programs. The region’s wealth of colleges and universities could be engines of recovery.
Events
Rochester natives Zupan and Kolko look to the future
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The two economists are slated for the Beacon’s Jan. 14 online event, “The 2021 Economic Outlook: COVID and Beyond.”
Economy & Business
What the jobless claims numbers tell us
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Like the autumn surge in new daily COVID-19 infections, first-time claims for unemployment insurance benefits in recent weeks have turned upward.
Economy & Business
Event puts spotlight on startup accelerators
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Rochester-based Luminate NY is one of five organizations taking part in the Upstate Capital Association showcase.