Rochester Beacon (https://rochesterbeacon.com/category/economy/page/2/)
Richard Sheridan believes “the greatest competitive advantage in our modern economy is a positive and engaged brain.” Could Rochester deploy his idea of joyful workplaces as a regional economic strategy?
In economic development circles, the belief that a rising tide lifts all boats is an article of faith. But new research shows that in the recovery from the Great Recession, the gains have not been distributed equally.
Led by Sujatha Ramanujan, Luminate has the potential to further Rochester’s position at the forefront of cutting-edge technologies related to the manipulation of photons. If successful, it could silence skeptics who view the program as a passing fancy or believe the optics industry in Rochester is yesterday’s news.
The challenge of Rochester’s public schools has been the “elephant in the room” in every discussion of poverty and economic development for decades. On May 13, the Rochester Beacon Solutions Forum will explore possible solutions to the problem of Rochester’s underperforming schools.
Several local firms are among a growing number of certified B Corps pursuing a business model that requires high standards of verified social and environmental performance, public transparency and legal accountability.
The purpose of the initiative, sponsored by the RIT-led New York State Pollution Prevention Institute, is to help local companies assess and improve their social, environmental and economic impacts.
The Opportunity Zone program is designed to encourage private investment in disadvantaged neighborhoods by offering significant tax advantages.
The “digital divide” is not defined solely by geography. Income matters too. State-of-the-art infrastructure will not bring broadband access to those who cannot afford it.
The downbeat assessments of a trio of Albany-based experts were challenged by others on the panel and in the audience.
A simple conversation with Datto’s founder put Rochester on the map for Boston-based Catalant Technologies, which now plans to open an office here and hire 45 software engineers.