Canada is aiming to woo bright young entrepreneurs with a startup visa program. The plan offers immediate permanent residence to foreign nationals who are able to secure business funding from Canadian investors. But, there are mixed feelings in the U.S. about the benefits of following suit.
Upstate New York's economy will need to be in a near-constant state of reinvention if it wants to survive in the current environment, according to CenterState CEO, an economic booster organization based in Syracuse.
Developer Erich Seber gives local officials a tour of the Woolworth building in downtown Watertown.
After founding his first stores elsewhere, Jefferson County’s Frank Winfield Woolworth bought the building in Watertown where he got his start in the dry goods business, intending to raze it and build one of his own stores. Woolworth died before he could see it, but his company realized his plan and the building’s a central part of the early history of the five-and-dime chain. After years of vacancy, two developers have plans to revive the landmark.
The technology industry is using social media to create a "virtual march" on Washington. The March for Innovation, launched by the Partnership for a new Economy, is lobbying for immigration reform, including putting pressure on Congress to provide more visas for high-skilled workers and entrepreneurs.
An advisory group looking at strategies for rejuvenating New York state's "legacy cities" says collaboration and coordination with the governor's Regional Economic Development Councils are crucial for upstate cities dealing with declining populations and job opportunities.