Monthly Archives: July 2013

Simon School focuses changes on meeting demand

The University of Rochester’s Simon School of Business is undergoing changes to make it more responsive to the local and national economy and job market.

Many of the changes, outlined in a draft strategic plan that will soon be presented to the board of trustees, include offering a greater variety of master’s degree programs – many of which can be completed in one year instead of two.

According to the Rochester Democrat and Chronicle, the draft plan says, “We believe that we need to do more to deal with ongoing change in the regional employer base, diminishing corporate sponsorship for education and price competition from other area programs.”

The changes reflect the changing market for graduates.  In 2010, only 45 percent of the school’s graduating class had accepted a job offer by graduation and many of the jobs were not what they expected.

Hurricane Sandy: small business recovery

SBA and the Hurricane Sandy Rebuilding Task Force are teaming up to host the Hurricane Sandy Small Business Recovery and Matchmaking Summit on August 7.  The summit will connect small businesses to commercial buyers from the private sector and federal, state and local governments.

Where: New Jersey Institute of Technology | Newark, New Jersey

When: Wednesday, August 7th: 12-6pm

Click here for more information and to RSVP.

Indian Point key to meeting NY energy needs

An op-ed in yesterday’s New York Daily News points out that New Yorkers relied heavily on energy produced by the Indian Point Energy Center during the latest heat wave – and that next year they may not be so lucky if Indian Point is forced to shut down.

New York City broke its all-time record for electricity use last week.  Con Edison successfully met the high demand by utilizing all generating plants and by paying its largest customers to reduce their electricity usage.

Governor Cuomo has called for Indian Point to be shut down.  The license for one of the plant’s units expires at the end of this September while the license for another unit expires in December of 2015.  As the federal government, through the Nuclear Regulatory Commission (NRC), continues to review the license renewal application for Indian Point, the facility can continue to operate until a final decision is rendered.

Without Indian Point, a heat wave could cause rolling blackouts throughout New York City at times when electricity is in high demand.

Editorial: fracking decision process needs clarity

An editorial in yesterday’s Poughkeepsie Journal continues the drumbeat of voices calling for the state to make a decision on hydraulic fracturing. The editorial points out that the state has not only failed to make a decision but also has not met the necessary time lines it set forth.  It also calls on the state to clarify when it will take action on the issue because not doing so is “neither responsible nor transparent.”

The editorial says there are ways to move forward and “…proponents argue that natural gas has many benefits, not the least of which is making the country less dependent on foreign oil while creating jobs and economic growth in places that allow hydrofracking.”

The Business Council of New York State supports moving forward with natural gas development in New York

BCNYS on workers compensation rate increase

Lev Ginsburg, director of government affairs for The Business Council of New York State, was interviewed last week on The New York Compensation Insurance Rating Board approving a 9.5 percent increase in workers compensation rates.

Ginsburg said, “The Department of Financial Services has recognized the increases in costs in the system and that’s reflected in a realistic loss cost.  The Business Council remains committed to working with the administration and the Workers Comp Board to further reform the workers comp system and realize greater costs savings and hopefully lower workers comp insurance costs in the future.”

 

NASA to fund North Country STEAM program

NASA will provide funding to the North Country STEAM (Science, Technology, Engineering, Arts and Math) program, a partnership that comprises Cornell Cooperative Extension of Clinton County, Champlain Valley Transportation Museum and SUNY Plattsburgh.

The program is one of 172 nationwide that will receive funding and will focus on engaging middle-school students in scientific discovery, space exploration and STEM skills.

The grant will fund three programs including space days, where students will learn about space; an educator workshop, providing learning and science process skills; and a mobile museum, featuring a space-based, interactive program.

SUNY Adirondack seeks partnerships

New SUNY Adirondack President Kristine Duffy is looking to develop partnerships between the college and businesses or other academic institutions saying it will bring future success.

Duffy discussed her vision this past week in interviews and with The Post-Star editorial board saying that private investments can balance out limited public funding but that companies making the investment can also benefit.

Those benefits could include more trained workers for local companies and an economic development strategy.

The college announced earlier this year that it would be opening new dorms on campus this fall and Duffy stated enrollment is up by 10 percent this year.

Growing tourism beyond New York City

City & State recently interviewed Heather C. Briccetti, Esq., president and CEO of The Business Council of New York State for an article, “Heading upstate: driving tourists beyond New York City borders” which focused on the New York’s efforts to grow its travel and tourism industries with a $60 million investment.

Briccetti said, “There’s a lot of room for growth.  New York City has the advantage of being a top tourism destination, and the governor recognizes that there could be a way to connect this incredible influx of people from all over the world to the rest of the state.”

Read the full article on page 18 of City & State’s latest edition.

Joint Landowners Coalition rallies against natural gas ban

On Tuesday, July 23, The Joint Landowners Coalition of New York (JLCNY) rallied in Binghamton, NY to mark the five-year anniversary of the moratorium on high-volume hydraulic fracturing (HVHF) in NY.

They also released a statement saying, “The Joint Landowners Coalition of New York and our 77,000 landowners are extremely disappointed that our state has not been able to complete the SGEIS for hydraulic fracturing after 5 years. Today, Upstate NY state and local elected officials joined the members of the JLCNY to call on our state to complete the SGEIS and move forward with natural gas development now.  Our communities have been waiting long enough.”

How indebted are New York cities

Following up on the thought that many New York cities may suffer the same fate as Detroit in declaring bankruptcy, Capitol Confidential blogger Jimmy Vielkind today offered a chart analyzing how close some New York cities are to their debt limit.

The blog and an article in today’s Times Union also say that although many experts agree New York cities are headed in the same direction as Detroit, the main difference is that Detroit owed billions in debt and borrowed against their pension fund to pay bills.