Here’s what’s happening in Buffalo Niagara Business this week – everything you need to know

During August, Buffalo Niagara’s job market reversed, with 5,300 jobs lost as children returned to school.

When the state Department of Labor releases its latest numbers on Tuesday, we’ll find out if that affected the region’s unemployment rate.

The University at Buffalo’s Blackstone LaunchPad student entrepreneurship program will be renamed “Startup and Innovation Collaborative Powered by Blackstone LaunchPad” or The CoLab. At 16:30

On Tuesday, UB will celebrate the rebranding and opening of a new 2,000-plus-square-foot CoLab space in the UB Student Union Theater, 201 Student Union on UB’s North Campus.

Following the opening presentations, there will be a ribbon-cutting ceremony and tours of the new area on the third level of the student union.

Taking a look at Buffalo Niagara business this week

Credit: Buffalo News

Hugo Boss will present its new Boss x NFL collection on Tuesday from 5:30 to 6:30 pm at the Boss store inside Walden Galleria.

Buffalo Bills safety Damar Hamlin will be in place.

While supplies last, anyone who spends $350 or more at the Walden Galleria Boss store that day will receive a football signed by Hamlin. Hugo Boss will also donate 15% of the weekend’s sales to Hamlin’s Chasing M’s Foundation, which raised more than $9 million in the weeks following Hamlin’s cardiac arrest and need for on-field resuscitation during a January game.

Buffalo Niagara's business scene this weekCredit: Buffalo News

From 5 to 7:30 p.m., four entrepreneurs will graduate from the University at Buffalo’s Cultivator program.

Wednesday, Sept. 20, at the Center of Excellence in Bioinformatics and Life Sciences, 701 Ellicott St., Buffalo. Offerwell, Sadie’s Foods, V-Markings and ArmHug will be the first to graduate.

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Cultivator, managed by UB’s Business and Entrepreneurial Partnerships unit, creates new businesses in Western New York by helping mid- to high-growth companies in their early stages. Funding is important for businesses to thrive at this stage, but it has traditionally been difficult to come by, according to organizers.

Buffalo Niagara's business scene this weekCredit: Buffalo News

Startups that join Cultivator work with dedicated mentors during the first months of the program. If approved for the next round of the program, the company will get a $100,000 investment from UB, as well as an additional six months of mentorship until they “graduate” from the program. So far, Cultivator has involved 50 companies, of which 17 have graduated.

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Source: vtt.edu.vn

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