M&T Bank makes $75,000 gift to Incubator

Christine Davis Mantai

M&T Bank gift
David Rutecki (left), M&T’s Administrative Vice President for Government Banking, presents a check to SUNY Fredonia President Dennis Hefner.

 

M&T Bank has stepped forward with the largest corporate gift to date in support of the SUNY Fredonia Technology Incubator.

The $75,000 pledge is in response to the $300,000 “challenge grant” the incubator received from Buffalo’s Oishei Foundation.

This grant matches $100,000 of giving received per year over each of the next three years to aid the new economic development engine which, less than one year after it officially opened, has 11 tenants and is operating nearly two years ahead of it is original business plan. 

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The Fredonia Technology Incubator will be conducting a workshop, “Accrual Accounting and Budgeting” presented by Dr. Mark Nickerson of the School of Business faculty, on Wednesday, Nov. 29.

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