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Top Businesses of the Year Announced by Centerstate CEO

Centerstate Corporation for Economic Opportunity

Central New York businesses that are growing, investing, and helping the community were recognized today at Centerstate CEO’s Business of the year luncheon.  WAER’s Chris Bolt reports the focus was on opportunity.

Minority Economic Alliance president Edward Cuello

One of the key areas of opportunity for businesses could be minority customers, as well as the success of minority owned businesses.  To that end, Centerstate announced the creation of the Minority Economic Alliance.  New president Edward Cuello says you can’t ignore the opportunity right here in Upstate New York.

"The combined population of blacks and Latinos is over 340,000. There are over 8,500 black and Latino businesses, and the joint buying power of the black and Latino citizens of New York state exceeds 170 billion. This tremendous economic and entrepreneurial potential has not had an organization representing them until today."

The organization will help businesses find job candidates of color, recruit minority businesses to come and stay in the region, and offer scholarships. 

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Minority Economic Alliance president Edward Cuello reflects on the rising change in demographics in New York and the implications.

Businesses of the Year Winners

Senator Kirsten Gillibrand

The gathering of business leaders gave Senator Kirsten Gillibrand a chance to push the opportunity for employees to get paid family medical leave.  She makes the appeal not on charitable grounds, but on sound, fiscal ones.

"Do you really think those employees can stay focused while they're stuck at their desk and their family or loved one is undergoing something terrible? If the employee doesn't even have unpaid leave, those employees are typically forced to quit, and you are forced to replace and retrain a new worker from scratch. It's certainly not good for your bottom line, and it's certainly not good for our families."

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Senator Kirsten Gillibrand makes her remarks on how paid leave should work.

Gillibrand adds in California, with a paid leave program, 91% of companies say it had a positive or no noticeable effect on their bottom line. Her federal proposal would require small investments by businesses and employees to get up to 3 months of paid leave.

Chris Bolt, Ed.D. has proudly been covering the Central New York community and mentoring students for more than 30 years. His career in public media started as a student volunteer, then as a reporter/producer. He has been the news director for WAER since 1995. Dedicated to keeping local news coverage alive, Chris also has a passion for education, having trained, mentored and provided a platform for growth to more than a thousand students. Career highlights include having work appear on NPR, CBS, ABC and other news networks, winning numerous local and state journalism awards.