investments

SUNY Oswego/Facebook

SUNY Oswego is embracing Gov. Andrew Cuomo's START-UP New York program, selecting three areas on the college's main campus as possible future business sites.

Cuomo formally launched START-UP New York in October, which offers new and expanding businesses the chance to operate on SUNY campuses tax free for ten years. The only requirements are that the company has to be able to create jobs, provide an economic boost for the community and not hurt other local companies.

It’s taken 13 years, but an upstate New York company, Logical Images, has finally received a patent for the software that runs its visual diagnostic system. The tool is used by physicians to lower the rate of diagnostic errors. Though the company says the patent was vital to their commercial viability and the protection of their product, not everyone thinks software should be patentable.     

Startup businesses in upstate New York, a region that sometimes struggles to attract big investors, are anxiously awaiting permission to begin soliciting funding from a new type of investor.

Ryan Delaney

Senator Kirsten Gillibrand says J.P. Morgan Chase's recent bad investment again shows a need for more oversight and transparency in the nation's banking sector.