Good News for Start-Up Companies

September 27, 2013 Updated Jun 24, 2010 at 8:12 AM EDT

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September 27, 2013 Updated Jun 24, 2010 at 8:12 AM EDT


A study commissioned by Watson Bennett Colligan & Schechter LLP offers a bright outlook for start-up companies in the region.
The report was prepared by Jeffrey Sohl, director for the center for venture research at the University of New Hampshire. Titled, "The Early Stage Equity Market in the Buffalo-Niagara Falls Area." The study analyzed the Buffalo-Niagara region's ability to create start-up companies in the high-tech fields that produce higher wage jobs and employment opportunities as well as the ability of the local angel investor network to finance the capital needs of these seed and start-up companies. Out of 393 high-tech centers in the United States the Buffalo-Niagara region now ranks 85th. High-tech accounted for 25,989 jobs in the Buffalo-Niagara region with an average wage of $67,600, compared with the average local wage of $36,400.

New Yorkers say they're fed up with Albany. Eighty-three percent of the state's voters believe that New York's government is dysfunctional, according to a Quinnipiac University Poll released on Wednesday. That's the highest negative rating given to the state government in any poll. Voters also are expressing specific unhappiness with the State Legislature. Seventy-six percent give the legislature an unfavorable rating - its highest negative score in any statewide poll - while only 16 percent are favorable.

Papaya Clothing is ready to open at the Walden Galleria. A grand opening is planned for Friday, June 25.