U.S. Congressman George Latimer (D-Westchester) has proposed legislation to sustain two government programs that are essential drivers of commercialization for small businesses across New York. The SBIR Administrative Funding Act seeks to secure the long-term viability of the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, known collectively as “America’s Seed […]

In a landmark move for the region’s growing tech sector, SEEQC, Inc., a prominent member of the Business Council of Westchester, has announced a definitive merger agreement with Allegro Merger Corp. The transaction, which values the Elmsford-based quantum computing pioneer at approximately $1 billion, signals a major step in the commercialization of “quantum on a […]

On Tuesday, Governor Kathy Hochul unveiled her FY 2027 $260 billion state budget proposal. It contained many of the recommendations that were presented in the Blueprint for New York that was released late last year and which the BCW worked collaboratively on along with the Business Council of New York State, the New York State Economic […]