Inno Under 25: Spotlighting bright young entrepreneurs in WNY
Buffalo Business First
The Buffalo region's source for local business news & events. Part of the American City Business Journals network.
Buffalo Inno 's second annual Inno 5 Under 25 feature finds a new crop of young adults working vigorously on their startup companies.
They will join a broader community of Western New York entrepreneurs that has gained an increasing sense of purpose over the past decades, as a way to express professional ambitions and turn dreams into life-changing wealth.
Flock to corporate safety? These five — Mirka Arevalo , Seth Blum, MBA , Parker Bray , Max Brie and Malkijah Griffiths, MBA/MPH — could certainly do that.
They’d rather build something with their own hands.?
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Real estate deals of the week
See more of Business First's comprehensive real estate coverage in?Crane Watch
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Job cuts, HQ moves and plant shutdowns
Wells Enterprises Inc. plans to lay off half of the 643 employees at its ice cream plant in Dunkirk at the end of the year. The Le Mars, Iowa-based company listed the reason for the layoffs as "economic." | Read more
In other jobs news, Columbus McKinnon is relocating its headquarters and executive team from Getzville to Charlotte, N.C., and Olean's Sanzo Beverage Co. is shutting down and eliminating all 48 jobs.
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Credit union consolidation is increasing; will it reach WNY?
The drumbeat of credit union consolidations has been steady in New York state and across the U.S. in recent years, but all has been quiet in Western New York since the 2018 merger between Niagara’s Choice and Niagara Falls Memorial Medical Center federal credit unions. Is that set to change soon?? | Read more
In other banking news, deposits passed $72.5 billion at FDIC-insured institutions in Western New York. | Read more
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Cathode Ray to reopen as Twenty Six
A longtime Allentown bar has changed hands, with a reopening in the near future. The new place, dubbed Twenty Six, will operate at 26 Allen St. in the former Cathode Ray, under partners Michael Moch, Michael Schreiber, Zachary Berbary and Amanda Gentzler – three of whom are longtime bartenders. | Read more
In other restaurant news, a Mexican restaurant in Springville is expanding into Hamburg with its second site, and two national food franchises are expanding to Amherst and Tonawanda.
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Buffalo's most common jobs
?The number of workers in the Buffalo Niagara region's 10 most common jobs has increased, and those workers are getting paid slightly more on average. | Read more
(Earlier this month, we broke down the?highest-paying jobs in the Buffalo metro. Miss that story? Find it here. )
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This Weekly Edition was compiled by Sara Paulson Meehan . Questions? Comments? Concerns??Send them to [email protected].