hadley-hill-fire-tower.jpg

About Us

    

     Giving back to the communities in which we live and do business is a very important aspect of the Hadley Business Association. The H.B.A. was founded in 1999 by concerned business owners striving to sustain the local economy and create an awareness of the area’s natural resources. We are a local non-profit organization of volunteers and community business owners striving to encourage folks to support local shops and attractions in the greater Hadley / Lake Luzerne. 

The Hadley Business Association is a membership volunteer organization. The dedicated and devoted volunteers bring the Maple in April Festival, the Towns-wide Garage Sales, the Holiday on the Hudson Lighting Event to town for all to enjoy. 


Encouraging Future Entrepreneurs . . . 

The Maple in April Festival began in 2002 as a fund raiser for the H.B.A. Scholarship Fund as we give two scholarships each year to graduating students of the Hadley-Luzerne School District. To date we have given over $8,000 to students furthering their education in business or the Arts. 

Scholarship Award Recipients

Jessica Franke, Emma Sherman, Victoria Simpson, Megan Trottier, Stephanie Klena, Jenna Streeter, Sarah Shattuck, Kimberly Holman, Kayla McMahon, Bridget O’Neal, Katlyn Bovee, Kimberly Houman, Joseph Daniel Legault, Anna Sehlmeyer, Jennifer Waterhouse, Joseph A. Marciano, Margot Hartley, Shelby Backus, Emily Heard, Todd Eddy, Rachel Powers, Jonathon Allan, Robert Sehlmeyer III, Kiernan Fitzpatrick, Kaliegh Moulton, Sable Shippee, Rebecca Daniels, Emily Carter, Michelle Locke, Tanner DeMarsh and Jeremy Skaradosky 

We welcome all business owners and non-business members to join the Hadley Business Association 

Saratoga Partnership 8@8 Newsletter



8 @ 8 is a newsletter filled with eight things you need to know on topics related to the economy in Saratoga County, New York. You can expect to see 8 @ 8 in your inbox twice a month. If you have content you'd like us to share or have a topic you'd like to see more of, let us know and we'll work to include it in a future edition! - The Saratoga Partnership Team

 

The Saratoga County Prosperity Partnership leads a host of critical economic and workforce development initiatives across the public and private sectors, driving economic success for residents, businesses and government in Saratoga County, New York. 


The Saratoga Partnership is the first point of contact for business retention and expansion, providing a seamless delivery of programs and services for businesses seeking to grow, and spearheads semiconductor industry marketing and attraction, global trade assistance, community economic development, and data collection and planning. For more, visit us at saratogapartnership.org or call 518.871.1887. 


1. The 2019 Consolidated Funding Application (CFA) Process

Last week, the municipalities, not-for-profits, and private businesses from throughout Saratoga County submitted consolidate funding applications (CFA) to the Capital Region Economic Development Council (REDC) to fund capital projects and studies Projects included studies to protect natural resources and develop infrastructure, projects to enhance existing wastewater and water systems, new visitors centers and cultural amenities, projects to find equipment, and more The Saratoga Partnership team was proud to write letters of support for over 10 separate applications that will enhance our quality of place and strengthen local community assets. However, our work is not done as applications will now be reviewed by agencies and council members over the coming months. How can you support your local projects? You and your advocates can send letters of support to REDC Council members and help educate them on the regional impact of your projects. Please call us at 518.871.1887 to discuss your projects or email Marty Vanags or Shelby Schneider to see how we can assist you moving forward. It's also never too early to prepare for 2020 projects.


2. GLOBALFOUNDRIES, Celebrates 10th Anniversary 

Last week, the Saratoga Partnership team celebrated the 10th anniversary of Globalfoundries at Fab 8 with community and business leaders from across the region. So many people said that the semiconductor industry would never build in Upstate, New York. Without investment in research and development and infrastructure from the State of New York, investments in a new countywide water system and sewer upgrades by the Saratoga County Board of Supervisors, utility investments by National Grid and NYSEG and investment by countless private sector businesses, this project would have never happened. Are you wondering if Globalfoundries has met their promise to create jobs and make investment? The company, which originally projected creating 1,280 jobs and promised to invest $3.2 billion has over 3,000 employees (and counting) and has invested over $15 billion Check out Globalfoundries blog, looking back at the past 10 years of one of the world's largest "start ups." Kudos to all involved in this transformational project.


3. Deconstructing the Site Selection Process

According to Area Development’s latest Corporate and Consultants Surveys, availability of skilled labor is the number-one site selection factor when choosing to grow and identify a site for a business. With U.S. unemployment at 3.6 percent in May, it’s no wonder companies are having trouble finding the workers they need. In order to address this labor shortage — with manufacturers being particularly hard hit — Amanda Hutchings, president of Peak Manufacturing, suggests hiring women, who are underrepresented in manufacturing, as well as educating the youngest generation about the rewarding careers that await them in manufacturing. Another factor ranking highly in their Survey is state and local incentives. Although there’s been a heightened focus on transparency and ensuring a return on investment for taxpayers when companies receive incentives, they will continue to be a critical part of any corporate location decision. Energy availability and costs also score among the top-10 site selection factors. Conveying a company’s utility needs to service providers and choosing a location that can properly meet those needs — now and into the future — will help to ensure a project’s success. Finally, once a company decides where to locate and undertakes the building of a new facility, incorporating the latest technology into the facility will drive value for its occupants. Intelligently deployed technology at the new facility will help to save energy and aid workflow and worker productivity, reducing both utility and operational expenses. Click here to read more from Area Development.


4. SBIR Road Tour: September, 17, 7:30AM to 4:00

The Small Business Innovation Research (SBIR) Road Tour is a national outreach effort connecting entrepreneurs working on advanced technologies to the country's largest source of early stage funding - SBIR and Small Business Technology Transfer (STTR) programs. Also known as America's Seed Fund, the SBIR/STTR programs provide over $3 billion in funding to small businesses each year in a wide variety of technology areas. Each SBIR Road Tour stop, hosted by a local organization will provide attendees with an opportunity to hear directly from the participating federal agency program managers that administer over 5,000 new awards annually and to meet one-on-one with program decision makers. For details on the September 17th Albany, NY program, please click here.


5. Not Just Jargon: Placemaking is Here to Stay

"Placemaking" -- Not just another trendy buzzword (but okay maybe a little overused), it refers to making quality public spaces within our communities where people want to live, work, play, and visit – or simply: places where people want to be (think parks, plazas, sidewalks, Main Streets, etc.). According to Camoin Associates, placemaking has taken on new importance in economic development with a mobile, millennial-driven workforce in which skilled workers are choosing communities based on quality of life attributes and businesses are moving to the “talent” rather than vice versa. Every community should be thinking about placemaking as an economic development strategy to create unique, dynamic, and attractive places that leverage public investment for revitalization and economic growth.


6. Trucking's Labor Shortage Isn't Just About Drivers

More than 33 million trucks are on the road, moving about 71% of the nation's freight by weight, according to the American Trucking Associations. Here’s a question: Who keeps those trucks in safe, efficient operating condition? Of course, the answer is mechanics and technicians. But, as with drivers, fleets and logistics providers also are dealing with a shortage of mechanics. The U.S. Bureau of Labor Statistics (BLS) says fewer workers are entering vocational education programs as Baby Boomers age and retire. When it comes to diesel service technicians and mechanics, the Bureau reports, the field is projected to grow by 12 percent from 2014 to 2024, faster than the average for all occupations. The BLS also said 67,000 technicians will be needed to replace retired workers, and 75,000 new mechanics must be added to meet additional demand by 2022. Find out more about this skills gap and what is being done about it.


7. How AI is Changing Everything

The term artificial intelligence (AI) was coined in 1956 by a professor at Dartmouth College who convened the first ever academic summit on the topic. Now it's one of several acronyms denoting innovation - including VR, AR, ML - that are tossed around by marketing organizations and tech startups. What is clearly understood is this: the impact and promise of AI is profound, but it's not all happening at once, and we're only at the beginning of its potential. AI is already finding its way into daily life (think Netflix recommendations). But progress is uneven across verticals, and it can be difficult to sort out the hype from the reality. With an orientation always to provide clarity on complex topics, Business Insider's newsroom has taken a deep dive into how AI is playing out across key industry verticals - including transportation, healthcare, retail, and media.


8. Making the Case: Why Housing Access is an Economic Development Issue

Camoin Associates, based in Saratoga Springs, says that in order to enhance economic development efforts in communities, there needs to be an appropriate workforce to engage those efforts, and this workforce needs places to live. At a macro level, demographics are shifting towards a need for housing for aging baby boomers who are downsizing and millennials who now make up the bulk of the workforce. That’s right, millennials aren’t the ‘future workforce’ anymore, they are in it! Millennials are more racially and ethnically diverse than previous generations, and are delaying both marriage and children. They prefer higher-cost cites where quality of life is high, but housing options are tight. Education debt is a burden which is making it hard to save for a down payment. Their perception of real estate is also different than prior generations; millennials lived through the recession as kids and many felt its effects first hand. This experience has left a lasting impact. Because of these characteristics, millennials are looking for smaller units (often rentals) with connectivity to transit options, walkability within the community, and that are amenity-rich (think gardens, fitness facilities, coffee shops, pet friendly establishments, and definitely high-speed internet). Talented people aren't looking for a job; they are seeking an environment that stimulates and inspires. More significant than these trends however, people want need housing they can afford


UPCOMING EVENTS

October 8, Saratoga County Prosperity Summit at the Saratoga Springs City Center





Facebook ‌  Twitter ‌  LinkedIn ‌  YouTube ‌ 

SIGN UP FOR OUR 8@8 NEWSLETTER – Stay up to date on topics related to the economy in Saratoga County, New York with our 8@8 bi-weekly newsletter. Email us at info@saratogapartnership.org to sign up! http://saratogapartnership.org/home/news-events/