Western New York businesses have been challenged to buy local. It's an initiative that aims to help build the area's economy and showcase what local businesses have to offer. YNN's Kate McGowan tells us more about the challenge.
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BUFFALO, N.Y. -- The challenge is on. The Buffalo Niagara Partnership is encouraging employers here in Western New York to think local.
They have challenged businesses to buy their goods from other local businesses and reinvest in the regional economy.
"The impact is not only beneficial to the purchaser, short time frames and better follow up, but the impact on the economy can be over a billion dollars a year," said Buffalo Niagara Partnership CEO, Andrew Rudnick.
Buy Local Challenge requires a first-time purchase of a product or service from any vendor located in Western New York. Rudnick said with participating, there are great incentives.
"The company itself will benefit because they will not only get a service or good product but they'll have a provider who can provide immediate response and delivery because they're located here," he explained.
Cathy Walker, CEO of Seneca Gaming Corporation, said buying locally is beneficial for the gaming corp; so much that the company has been using this motto for years now.
Walked said, "$45 million worth of our buys come from the area between Rochester and Buffalo. That's tremendous. The quality is terrific, the pricing is terrific. We just have to get them hooked up with a business that needs their goods."
Senator Tim Kennedy explained, "Businesses should take advantage of that amazing manufacturing, amazing work ethic that we have out of Buffalo and Western New York."
And though the challenge is only for the year 2013, the partnership is hopeful the idea will latch on and be used for years to come.
"They could be doing well by doing good," Rudnick said.