A Magazine About Food, Art & Exchange In Midtown Kingston, Published By The Hudson Valley Current.

New Economy News

Small Businesses Are The Heart of the New Economy

Bringing Hudson Valley Farm Goods To The City

    Talk about the ways in which the Hudson Valley works with New York City and beyond:  $2,484,746 in federal funding has been allocated for the New York State Greenmarket Regional Food Hub that will allow GrowNYC to move forward with construction of a new South Bronx food hub to include a wholesale farmers market, a USDA compliant cold storage facility, a food-processing center, and other infrastructure upgrades to support local food businesses reaching up the Hudson Valley. The new facility will move nearly 20 million pounds of local produce a year and create 95 permanent jobs and 150 construction jobs. The federal funding will augment a $15 million state investment designed to increase city residents’ access to fresh, locally grown and produced food while also supporting small- to medium-sized farms that are New York State Grown & Certified by promoting their local products to restaurants and institutional buyers. The processing facility will also assist Hudson Valley producers and processors in targeting institutional and private sector procurement opportunities.

Learning Entrepreneurship’s Lessons…
    SUNY Ulster and the Mid-Hudson Region Small Business Development Corporation will be hosting a special BUS 115 – Entrepreneurship class geared towards improving one’s business management skills starting October 18 and running for 7 weeks. Topics will include marketing, financing, legal structures, franchising, and managing employees, applicable to service, manufacturing, and retail operations.  Call (845) 802-7190 or email adultedge@sunyulster.edu for more information.

Augmenting Americorps To Meet Our Challenges

    New York State is receiving $6.9 million in federal funding to help reduce poverty, fight the opioid epidemic, boost economic opportunities, invigorate educational support, and provide critical health services across New York through the New York State Commission on National and Community Service, and complementing a $5.8 million AmeriCorps grant awarded to 11 agencies earlier this year. The funding will help boost crucial programs with grants ranging from $42,000 to more than $1 million. Agencies receiving the funding will include the NY Department of State, Empire Corps, the Student Conservation Association, Habitat for Humanity of New York State, and Community Health Care Association of New York. For more information, visit newyorkersvolunteer.ny.gov. 

ABC Latino Reaches A Growing Market

    ABC Latino, which opened its new offices in Poughkeepsie last month, is moving beyond its publication of a regional magazine to reach the Mid-Hudson valley’s growing Hispanic population via streaming radio and video and a vibrant website. As pointed out in a series of recent conferences they’ve helped organize, there are currently more than 122,000 Hispanics residing in the three counties of Ulster, Orange and Dutchess, with a combined purchasing power of $2.89 billion. Talk about a great new business portal… visit servicios.abclatino.com to learn how this success story is growing, and how it can help grow your own ideas and businesses. 

State Accepting Bids For Industrial Hemp

    New York has announced an open solicitation for farmers, businesses and research institutions interested in growing and processing industrial hemp as part of the state’s Industrial Hemp Agricultural Research Pilot Program. Earlier this year, the program was expanded to include private entities to ensure New York’s leadership in research concerning hemp production and manufacturing, supporting a 6,000 percent increase in number of acres dedicated to industrial hemp production in the state. There are now more than 20 partners in the pilot program licensed to grow industrial hemp on approximately 2,000 acres in New York compared to 30 acres planted in 2016. The open solicitation ends on November 22. To enhance industrial hemp processing, the state also launched a $5 million Industrial Hemp Processors Grant Fund this past summer administered by Empire State Development in consultation with the NYS Department of Agriculture and Markets, to help cover capital costs related to the processing of industrial hemp including new construction and the purchase of equipment via grants of up to $500,000 to qualifying applicants.

Building Up Our Bartering Abilities

​    Wandering Wednesdays are a cool new ad hoc gathering of folks taking place in private homes around the region that involve fun and an underlying focus on helping us all beyond the monetary orientation of modern economics. People share food, music, craft and produce items, and plenty of ideas in a potluck setting where participants bring up employment offers and needs, various sharing or publicity opportunities, home rentals, and even helpful protocols for Lyme and other diseases. Other regional bartering communities are represented and discussed. Ask around about it, and start keeping your ear to the ground for other such efforts popping up around the fast-changing Hudson Valley.

Woodstock Film Festival Honors Sarandon

    The 18th Annual Woodstock Film Festival runs October 11 through 15 with a special honoring of activist actress Susan Sarandon, a host of film premieres, one-on-one discussions with noted film producers and actors, and several panel talks that take on the way our movies are handling the political challenges of the day. It’s all heady stuff centered in Woodstock at the peak of its foliage season, as well as in Rhinebeck, Rosendale, Saugerties and Kingston, where its final night awards ceremony and gala celebration takes place Uptown at BSP on Wall Street. Tickets go fast, but it’s known as one of the best meet-and-greet events of the year in the Valley. Visit woodstockfilmfestival.com for further information, including when what’s happening and how to get tickets that are reportedly already selling out fast.

Expanding One’s Tribe Of Networking Contacts

    SUNY Ulster hosts a very special Women’s Entrepreneurship Networking Event at its Kelder Center starting at 5pm on October 12. Come meet and mingle with fellow women small business owners and entrepreneurs while enjoying an evening of networking, food, and conversation. Engage and build relationships with like-minded women from across the Hudson Valley who are working on starting and growing their businesses. It’s being put on by the college’s Darlene L. Pfeiffer Center for Entrepreneurial Studies—who also put on the recent Own It! Entrepreneurial Women’s Conference last Spring. Register at sunyulster.edu/tribe.

Uptown Kingston Gets State Revamp Funding

    It was announced last month that Uptown Kingston is getting $10 million from New York State to help bring several paper projects to brick-and-mortar reality in the coming years. Govenor Cuomo came to Keegan Ales to announce that the city had been selected as this year’s Mid-Hudson regional winner of the state’s Downtown Revitalization Initiative. The approved 15-page plan put together by a team of planners, grant writers, and community development experts includes redevelopment of the Schwenk Drive parking lot, completion of a food market and commercial kitchen planned for the old Woolworth’s building on Wall Street, a revamped traffic network to bring visitors directly into the neighborhood via I-587, public broadband and Wi-Fi access, improvements at Dietz Stadium, and the creation of a community land trust to preserve affordability in the neighborhood. A planning team, provided by the state, will start the new effort working alongside city officials to determine which projects to fund, and how they will be funded. Congrats, Kingston!

O+ Festival Returns Bigger & Better

    This unique Kingston-originated festival came about as a means of getting healthcare to a community’s cash-strapped creative folks through barter. Now known as a festival of art, music and wellness, and set to take place this year all over the Ulster County seat from October 6 through 8, it involves public artworks, loads of music, healthcare clinics, and a general coming-together of all that’s making Kingston a local economy center, Hudson Valley hub, and beacon for moving Brooklynites. Best of all is that it’s a great place to see what’s new and exciting you may want to join or simply get inspired by. Visit opositivefestival.org for full info.