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Syracuse-based startup recipient of top competition prize in New York

A competition held in New York State has granted a $1 million prize to a Syracuse-based startup that specializes in portable charging stations for electric cars and vehicles. The startup, SparkCharge, was the grand prize winner of the fifth annual 43North contest that rewards companies for new business development ideas, according to the Associated Press. The competition was held this past weekend in Buffalo, where local businesses and politicians are hopeful that events like this one can help rake in…

Cryptocurrency mainstay opens New York offices

A mainstay in the cryptocurrency game has put its foot in the New York market with new offices that opened up recently, according to a report from News BTC.  The crypto startup, Coinbase, was founded in Silicon Valley in 2012 and its executives are hoping to find more investors on the east coast with this latest announcement. This news comes on the heels of the Bloomberg report that former Coinbase vice president Adam White is leaving the company. White had…

Startups in New York City have raised $9 billion so far this year

Though there has been a lot of talk about the potential of New York City when it comes to the field of startups, the city is showing its already bringing in big investments. A new report from the website Inc shows that, so far in 2018, New York City-based startups have combined to raise more than $9 billion in investments. This means that these companies in New York are on pace to eclipse the mark of $12 billion that they…

New York hosts Peru economic road show to showcase emerging markets

Friday marks the second of a two-day roadshow showcasing the potential of Peru’s emerging marketplace. The event hosted by inPeru, a public-private organization that is made up of large Andean businesses and promotes investment into the country, has aimed to secure future contracts and connections with U.S.-based business partners. InPeru Chairman Francis Stenning told Peru’s state-owned Andina news agency that the event that began Thursday has showcased massive interest from foreign markets into Peru, where industries like mining, agriculture, and fishing can promise…

A Cornell-born startup looks to change the public infrastructure game

When cities and municipalities need to assess projects and hire companies for major infrastructure developments, they usually depend on third party contractors to do that work for them. One New York startup is looking to carve its way into that space to provide a more cost-effective and efficient alternative for cities. Catamaran, a startup born from Ithaca’s Cornell University, was launched this year by CEO Varun Sekar to help patch up some holes in the public infrastructure industry in the U.S. Through…