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Tech hub competition draws flurry of applications
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BUFFALO, NY (The Buffalo News) — The joint bid by Buffalo, Rochester and Syracuse to secure potentially tens of millions of dollars in federal funding for a “tech hub” faces stiff competition.
But the partners in the bid say they believe their regional approach will give them a leg up in the competition.
“The number of applications was surprising to all of us, including Schumer’s office,” said Dottie Gallagher, president and CEO of the Buffalo Niagara Partnership.
The federal program aims to create innovation centers outside of traditional locations like Silicon Valley. The upstate bid focuses on the semiconductor industry and advanced manufacturing.
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The region’s largest business group has increased the number of participants in its Minority Business Initiative to 16, from five in last year’s inaugural edition of the program.
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The Buffalo Niagara Partnership’s (BNP’s) Minority Business Initiative (MBI) strives to eliminate the obstacles that have long hindered minority business ownership by providing minority-owned businesses access to BNP’s extensive resources and networks to build their business. The 2023 cohort was announced at today’s DEI Symposium and includes two tracks to better serve participant needs. The MBI Program is funded through generous underwriting of Bank of America, National Grid, and the Buffalo Niagara Partnership.
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