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Home  »  Economic Outlook 2017  »  Business Briefs January 2017
Economic Outlook 2017

Business Briefs January 2017

Posted onJanuary 6, 2017January 9, 2017

Saratoga National Bank and Trust Co.  partnered with the Saratoga Affordable Housing Group on a grant application for funding to assist low-income homeowners.

The Federal Home Loan Bank of New York announced a $720,000 grant for the Saratoga Affordable Housing Group, which will go toward the Allen Drive Preservation Project.

Saratoga National submitted the grant application on behalf of the Saratoga Affordable Housing Group. Each application must be sponsored by a member in partnership with a community-based organization.

The Federal Home Loan Bank of New York is one of 12 regional banks that comprise the Federal Home Loan Bank System. Together, they have distributed more than $5.1 billion in Affordable Housing Program funds since the first awards were granted in 1990.

***

Saratoga Hospital has again earned an A for patient safety from the Leapfrog Group, ranking among the safest hospitals in the U.S.

A national patient safety watchdog, the group recently released its Leapfrog Hospital Safety Grades, which assign A, B, C, D and F letter grades to hospitals nationwide and provide the most complete picture of patient safety in the U.S. For fall 2016, Saratoga Hospital was one of 844 hospitals nationwide—and just 15 in New York state—to receive the highest ranking of A.

Saratoga Hospital also earned an A for the spring 2016 period.

The hospital recently completed a $34 million expansion and renovation including a state-of-the-art intensive care unit and Surgical Pavilion. Both incorporate advanced infection control equipment, supported by comprehensive reporting and other best practices.

Developed under the guidance of an expert panel, the Leapfrog Hospital Safety Grade uses 30 measures of publicly available hospital safety data to assign A, B, C, D and F grades to more than 2,600 U.S. hospitals twice per year. It is calculated by top patient safety experts and is peer-reviewed, fully transparent and free to the public.

***

The Ballston Spa School District recently received a $2,500 Lend-A-Hand grant from the Adirondack Trust Co. Community Fund. It will be used to support the 2017 Girls’ Summit, a full-day, STEM-based forum for and about girls. The event is designed to empower, inspire and inform girls to lead healthy lives and better prepare for their future.

The district’s Ballston Spa Partnership for Innovation in Education program secured the grant and will administer it in the coming year. The program aims to create innovative educational experiences that help reshape teaching and learning in the Ballston Spa schools so that students have the potential to learn from scientists, world-renowned artists and musicians, committed civic leaders and leading companies to support research and development in the K-12 classroom.

For more information on this year’s grants, visit www.atccf.org.

***

First Niagara Risk Management, a nationally known insurance agency, is now a subsidiary of KeyBank, operating under the name Key Insurance & Benefits Services, Inc. (KIB).

KIB offers businesses solutions to protect commercial clients’ resources and assets as well as means to protect their employees’ health and welfare. KIB also offers personal insurance to protect what they value, including homes, automobiles and other valuable assets.

KIB is a provider of risk financing, employee benefits and risk reduction services in the Northeast, with more than 350 team members in seven offices throughout New York, Pennsylvania and Connecticut. Reagan Consulting in August 2016 named the agency a “best practices” agency, an honor given to the top 1 percent of insurance agencies/brokers in the United States.

***

The Washington-Saratoga-Warren-Hamilton-Essex BOCES Career and Technical Education (CTE) program will hold open houses at its two centers from 6-8 p.m. on the following dates: Tuesday, Jan. 10, at the Southern Adirondack Education Center, 1051 Dix Ave. in Hudson Falls and Tuesday, Jan. 17, at the F. Donald Myers Education Center 15 Henning Road in Saratoga Springs.

Open house visitors will learn how CTE programs help students prepare for careers and college through hands-on learning, internships and partnerships with business and industry. Business and Industry representatives will also be available to discuss the career opportunities that exist in their field.

Each open house is free and open to the public.

***

The Saratoga Women in Business group will hold its next bi-monthly meeting 5-7 p.m. on Wednesday, Jan. 18 at the National Museum of Racing & Hall of Fame, 191 Union Ave., Saratoga Springs.

The registration deadline is Thursday, Jan. 12.

The group targets female business leaders in the greater Saratoga Springs area and offers free fellowship opportunities. Wine and light snacks, sponsored by area businesses, will be provided. Voluntary cash contributions will be collected at the door in order to help fund future events.

Each meeting includes a five-minute presentation by a local woman-led non-profit organization. The January non-profit spotlight will be the National Museum of Racing & Hall of Fame.

To learn more about the group or to register for the networking event, visit www.saratogawomeninbusiness.com.

 

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