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New food incubator proposed for former firehouse in Peekskill

The Peekskill Firehouse Kitchen Incubator was proposed earlier this year, as a joint project among the Peekskill Industrial Development Agency, Peekskill Facilities Development Corp. and the Westchester County Office of Economic Development. Recently, the IDA has been discussing final plans for the space.

Iona institute partners with Syracuse for military veteran entrepreneurship

The Hynes Institute will utilize over $350,000 in partnership with Syracuse University to support veteran entrepreneurship locally and nationally, especially for small businesses hit hard by the pandemic.

Four area community health centers receiving $3M in ARP funding

"The federal funding we’ve secured ensures that our community health centers have the infrastructure, technology, and equipment they need to provide the highest level of care," said U.S. Rep. Jim Himes (D-4th).

Restaurant industry facing winter of discontent – again

“I’m telling restaurateurs that their job is still survival,” Connecticut Restaurant Association President and CEO Scott Dolch says. “The next six months are going to be critical."

Pew: CT’s rainy day fund is fifth strongest in the U.S.

Pew estimates that 28 states expect their rainy day fund balances to grow in fiscal 2021 from the previous year, increasing the national total by a net amount of $4.6 billion to a new high of $82.3 billion.

Small business picture still grim during post-pandemic recovery

One recent survey found that 44% of small business owners have less than three months’ cash reserves – a particularly worrisome situation should another Covid-related shutdown or other emergency arise.

Dalio wonders about ‘war’ with China, as debate over where economy...

“Where Congress comes down (on President Joe Biden's 'Build Back Better' plan) will determine our economy for the next several decades," said a U.S. Treasury official.

The WorkPlace, expecting wave of post-pandemic job seekers, offers pop-up employment...

With federal and state unemployment bonuses now expired, there could be a returning tsunami of people looking for regular employment – and unsure of how to find it.

Fed approves state’s plan to use $110 million for schools’ Covid...

“This historic level of funding allows us, as one educational community, to be bold and innovative as we forge our path to a transformative and equitable recovery," said state DOE Commissioner Charlene Russell-Tucker.

How would you spend $188M?

It's not every day that businesspeople in Westchester are asked how they'd like to spend $188 million, but that's just what's been happening recently. The...

With eviction moratoriums in limbo, Westchester officials encourage ERAP assistance

Although the near future surrounding eviction moratoriums is unclear, the end of New York state’s current moratorium is approaching quickly, set to expire Aug....

New York to fund $1.1B in child care services to boost...

New York state is funneling $1.1 billion in federal money toward child care providers. 

Restaurant Revitalization Fund depleted, leaving roughly 2/3 of area applicants without...

There has been no indication whether the federal government plans to replenish the RRF.

NY state creates $25 million fund for essential worker child care...

Essential workers in New York state can now apply for funding for child care costs, Gov. Andrew Cuomo announced. The funding totals $25 million and...

New report says CT should spend fed dollars on investing, not...

To address state and municipal budgetary shortfalls, the report says, Connecticut should tap into its record $3 billion-plus rainy day fund.