New popcorn shop brings kernels of flavor to Gouverneur

Tseko T. Vachev Jr. said he started making popcorn when he was 5 years old.

Now he does it all day.

In June, Mr. Vachev opened a new business, Route 58 Popcorn, where he makes 25 different flavors of gourmet popcorn for wholesale and retail. [Read more…]

$36.7 million investment could bring 100 jobs to Potsdam

Clarkson University has submitted a consolidated funding application to help fund a plan for the refurbishment of Damon Hall, Snell Hall and Congdon Hall on Clarkson’s downtown campus, build a whitewater park on the Raquette River and enhance streetscapes in the village’s downtown business district. [Read more…]

May 2016 Cover Story: Economic Development

Securing a stronger future for the north country

COR Development’s Mercy Health Center Redevelopment project is set to begin its first phase of construction this summer on 30,000 square feet of commercial space and 108 apartments. Overall, the project will house 168 units and a community center on the grounds of the former Mercy Hospital in Watertown. Photo by Stephen Swofford, NNY Business.

COR Development’s Mercy Health Center Redevelopment project is set to begin its first phase of construction this summer on 30,000 square feet of commercial space and 108 apartments. Overall, the project will house 168 units and a community center on the grounds of the former Mercy Hospital in Watertown. Photo by Stephen Swofford, NNY Business.

Despite workforce challenges, regional economic development continues to power positive growth across Northern New York

By Karee Magee, NNY Business

A rural and historically challenged region where economic development was often stagnant, the Great Recession dealt a significant blow to New York’s north country as its counties saw a spike in unemployment and manufacturing jobs disappear, including about 600 from Jefferson County alone. [Read more…]

Local entrepreneurs discuss business success at North Country Symposium

For those who have been there and survived, starting a successful north country business is a difficult, but not impossible thing to do, provided the idea is a winner and the entrepreneur a person who is willing to work hard, and seek expert help to get it going. [Read more…]

April 2016: Commerce Corner

Six ways colleges impact local economies

Brooke Rouse

Brooke Rouse

The north country is fortunate to be home to many institutions of higher education. Many businesses in college towns feel the ebbs and flows of a “semester-based business cycle” and periods of particular peaks during move in, move out, graduations, family weekends, reunions and sporting events. The influx of students and their families, as well as a constantly revolving pool of faculty and staff, presents challenges and tremendous opportunity for the local economy. Here are six ways that colleges help to drive the local economy: [Read more…]

The push for business innovation

How Northern New York is learning from Silicon Valley to become a test market for the next generation of great ideas

Mark Cornett, NexID Biometrics general manager, left, and owner Michael Schuckers hold fingerprint scanners with co-owner Stephanie Schuckers in a biometrics lab at Clarkson University last month. NexID Biometrics develops and licenses detection software that enables fingerprint-scanning technologies to function with greater accuracy by avoiding spoof-related risks. Photo by Jason Hunter.

Few would argue that Northern New York is a far cry from Central California. What with below-zero degree days the norm during a New York January, but a 50-degree day being considered a California cold snap.

However, the two regions have more in common than one might think. Linked by a shared passion for innovative ideas and an overwhelming entrepreneurial spirit, the relationship between Silicon Valley and the north country is growing surprisingly closer. Will Northern New York ever be deemed the next Silicon Valley? Not likely anytime soon. Although, local entrepreneurs say that’s not necessarily a bad thing. The advantages that the business environment throughout the north country offer cannot be found in the high-pressure, high-turnover world of California’s tech universe.

[Read more…]