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Domain: crainsnewyork.com
Stories and comments across the archive that link to crainsnewyork.com.
Stories · 2
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New York State Spent Millions On Program For Startups That Created 76 Jobs
Nerval's Lobster writes Last year, the New York state government launched Start-Up NY, a program designed to boost employment by creating tax-free zones for technology and manufacturing firms that partner with academic institutions. Things didn't go quite as planned. In theory, those tax-free zones on university campuses would give companies access to the best young talent and cutting-edge research, but only a few firms are actually taking the bait: According to a report from the state's Department of Economic Development, the program only created 76 jobs last year, despite spending millions of dollars on advertising and other costs. If that wasn't eyebrow-raising enough, the companies involved in the program have only invested a collective $1.7 million so far. The low numbers didn't stop some state officials from defending the initiative. "Given the program was only up and running for basically one quarter of a year," Andrew Kennedy, a senior economic development aide to Governor Cuomo, told Capital New York, "I think 80 jobs is a good number that we can stand behind." -
Home Depot Begins Retail Store Pilot Program To Sell MakerBot 3-D Printers
ClockEndGooner writes Looking for a 3-D printer to help you out with a home project or two? If you're in one of the 12 pilot program areas in the U.S., stop into Home Depot to take a look at and purchase a MakerBot 3-D Replicator printer. "...The pilot program will offer the microwave-sized MakerBot Replicator printers, priced at $2,899, for sale, as well as the smaller Replicator Minis, which list for $1,375. 'This will open up the whole world of 3-D printing to people who wouldn't otherwise know about it—like moms and dads, electricians, contractors and DIY-home-improvement folks,' said MakerBot chief executive Bre Pettis. 'It's a good match.'"