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UUP member Michelle Collins, a business advisor at SUNY Canton's Small Business Development Center, reviews business plans with Lucas and Sarah Manning, co-owners of the Partridge Cafe in Canton
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As he surveys the guitars, sheet music, home entertainment systems, digital cameras, LCD TVs and other stock in his thriving business in Potsdam, Jeremy Carney fully realizes how the SUNY campus one mile down the road makes his business a success.
“They are a major source of income,” said Carney, the co-owner of Northern Music & Video, a two-storefront enterprise in downtown Potsdam.
Carney reports during their last fiscal year, sales to SUNY Potsdam totaled $160,000. When you add sales to students — including those attending the Crane School of Music — sales total $200,000. “That’s a big chunk of our revenue,” he said.
Northern Music & Video is but one example of the economic clout that SUNY campuses bring to their respective communities across the state. It’s the multiplier effect in action. Every dollar of state support that goes to SUNY returns at least six dollars to invigorate the local economy. In many areas of the state, such as Potsdam — where there are few major employers — SUNY is a key supporter of the local economy.
In their capacities with SUNY, UUP members support the local economy by doing business with local companies.
“I feel a fiduciary responsibility to spend money in the local economy and foster good working relationships,” said UUPer Jeff Reeder, the technical director for the theater, dance and opera programs at Potsdam. “By keeping dollars I spend in the area, the money circulates.”
Reeder patronizes several local businesses, including Northern Music & Video, where he purchases such items as sound equipment, cameras, recorders and cable.
“The local economy is small,” Reeder explains. “SUNY is a big chunk of that small pie. The local economy would suffer if SUNY wasn’t here.”
Reeder also does business with Bill Evans, a co-owner of Evans & White Hardware, who is even more emphatic about SUNY’s economic contribution.
“Without them (SUNY), there’s nothing here,” Evans said. Reeder purchases paint, glass, nuts and bolts, tools and replacement blades from the family retailer that’s been around since 1922.