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Business/Economy

Business incubator The Foundry opens new startup space

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Chris Caya WBFO News
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New incubator space will soon be available for entrepreneurs. Renovations underway at The Foundry will include 12 new studios for startup companies. Megan McNally, The Foundry's executive director, says they primarily work with people interested in making manufacturing a part of their business.

"[It's] kind of going back to the old Buffalo as a manufacturing town, reintroducing that in to the new Buffalo," said McNally Wednesday morning 

The organization received $100,000 grant for its expansion project from First Niagara Financial Group.

The Foundry is located on Northhampton Street near Jefferson Avenue. on Buffalo's East Side. McNally says more than a dozen entrepreneurs are on a waiting list to get into the facility.

McNally says the Foundry's tenants tend to produce upscale artisan products sold locally and around the world.