"...the Premier Academic/Private Sector
Partnership Driving Economic Growth
in Greater Binghamton, NY."





 

 


| Why STOC was formed | Why STOC Is Distinctive | Current Goals |
| Membership Participation | BC Plan

Why was STOC formed

  Formed in 2002, the Southern Tier Opportunity Coalition is a private sector / academic partnership initiative to help address economic growth in the Southern Tier. The coalition provides a single knowledgeable point of contact for regional business development resources to assist new business initiatives. STOC will identify, garner and apply resources through collective action to enhance existing technology businesses and to nurture new business opportunities.

Why STOC Is Distinctive

The Southern Tier Opportunity Coalition is a non-profit corporation composed of business leaders from the Southern Tier of New York State. The coalition represents multiple disciplines including strategy and business planning, marketing and business development, legal, finance and engineering. The membership has years of experience in a wide range of businesses including large electronics and aerospace companies, successful small businesses, startup companies and academia.

The coalition was established to create growth and new business opportunities for both existing and new entities. It will:

  1. Provide a single knowledgeable point of contact for regional business development resources to assist new business initiatives.
  2. Promote collaboration between local businesses with a goal of spurring local economic development.
  3. Leverage University research for commercialization and regional economic growth.
  4. Establish effective coordinated Public / Private sector initiatives.

Current Goals

Our Vision -
 
To be the premier academic / business alliance leveraging innovation and technology that creates excitement and prosperity in the community, capturing the hearts and minds of the next generation.


Our Strategy -

Our mission is to apply resources to execute research, development, manufacturing, marketing and sales plans which support individual member's business plans, but also support local business expansions and new business ventures.

Objectives -

  1. Establish the Southern Tier as a competency center for emerging new business development
  2. Sustain long term growth through evolving technologies
  3. Attract common 'value chain' business / technologies to the area
  4. Extend the area west and north to gain more technology and business diversity

Goals -

  1. Grow existing businesses (large and small) through collaboration and networking
  2. Attract new businesses
  3. Support start-up business development
  4. Commercialize university research

Membership Participation

  "STOC's unique strength and success comes from the active participation of our members.  We encourage you to join and get involved.  To learn more about STOC click here.  To join and get involved Contact Us.  Check out our current projects and give our Executive Director, John Hayek, a call at 607.748.1817.

We welcome your participation. Not only will it give you a great opportunity to contribute to the Economic Resurgence of the Southern Tier, but it will help you get to know other STOC members with interests similar to your own and provide you with valuable networking opportunities for your
business.

BC Plan

Greater Binghamton leaders committed to a comprehensive economic assessment and development plan in September 2001 for Broome County New York and the Greater Binghamton area. Prepared by Angelou Economics, it outlined a comprehensive economic development action plan for the community on everything from branding and brownfield redevelopment to communications and marketing.

Much of STOC's strategic direction is derived from the BC Plan work.
Read the Executive Summary or the Original 2001 BC Plan (link pending).

In July, 2006, Angelou was invited back to provide the community with an update of our progress against the BC Plan. Review a copy of his 2006 presentation.

The formal report provided with the 2006 presentation can be found here: 2006 Angelou Economics Report

STOC will continually update our thinking based on progress against the BC Plan.

The recent Angelou presentation is posted on the www.greaterbinghamton.com site.
 


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