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New Name Unveiled for the Soon-To-Be Largest Incubation and Acceleration Space in New York State

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CenterState CEO introduces INSPYRE Innovation Hub, symbolizing the regional economy’s comeback after years of economic stagnation and decline

The 90,000+ square foot facility is set to open in downtown Syracuse late summer 2025

SYRACUSE, N.Y., May 5, 2025 /PRNewswire/ — CenterState CEO, Central New York’s largest economic development organization, announced a new name for its expanded business incubator: CenterState’s INSPYRE Innovation Hub. Located in downtown Syracuse, New York, the more than 90,000 square foot facility will be the largest business incubation and acceleration space in New York state when it opens in the summer of 2025. INSPYRE will be where founders of all industries, sizes and stages of growth can find support.

Find facility renderings, amenity details and brand materials in the media kit.

The new name and the $32 million expansion are transforming how the region engages in its innovation economy. INSPYRE also reflects a new vision for the Central New York economy, one where all entrepreneurs–from tech and manufacturing companies to retail and lifestyle businesses –find the resources they need to grow. The larger space will enable CenterState CEO to deliver improved targeted programs, tailored services and access to robust networks that empower entrepreneurs from inception to scaling and beyond.

These companies will be part of Central New York’s larger growth story. Propelled by Micron Technology’s historic $100 billion investment to build four semiconductor megafab facilities in Clay, New York, the region is in a period of profound growth. The Central New York economy is expected to grow more in the next three years than in the past 16 years combined.

INSPYRE literally and figuratively builds on a legacy of innovation and entrepreneurial programming CenterState CEO built over the last 20 years. Formerly The Tech Garden, INSPYRE is a symbol of Syracuse and Central New York’s larger economic transformation. The Tech Garden first opened in 2004 in what was a vacant, collapsed parking garage. Its moniker came from a vision of planting seeds for an innovation economy here in Central New York–one that did not exist in the region at that time. Today, this region has grown startups into world class companies, including several billion-dollar ventures.

“The ability to look beyond our immediate horizon at a brighter future has been our superpower as a region,” said CenterState CEO President Rob Simpson. “The new name for this building reflects both the expanded size and scope of our entrepreneurial programming, and our vision for who it serves and how. This new building is intended to be the literal hub for our region’s growing entrepreneurial community. It is a reminder to reach for what’s just over the horizon, the better, more equitable, more audacious version of Central New York. We couldn’t be more excited to welcome people into INSPYRE and help them find a path to their dream.”

With 90,000+ square feet of space including two new floors, more co-working spaces, a podcast production studio, new makerspace, event space to host up to 200 people, a new rooftop terrace, a drone testing deck and more, founders will find a better environment for any stage of needed support.

INSPYRE’s downtown Syracuse location is convenient and accessible to the community. Near the Centro Bus Transit Hub as well as Onondaga County’s new STEAM (Science, Technology, Engineering, Art and Math) school, INSPYRE will be available to a new pipeline of aspiring entrepreneurs.

Flexible membership tiers are offered to support founders at every stage of their journey. The facility will house a renovated Hardware Center and a brand-new Makerspace. There will also be an uncrewed systems testing deck, a media production facility, new coworking spaces and a multi-purpose theater with over 3,000 square feet of space for events.

CenterState CEO already has letters of intent for more than 50% of the available space in the building. The building is expected to open in late summer 2025. Learn more on the INSPYRE Innovation Hub website.

Find renderings, new amenities and specs for INSPYRE Innovation Hub in the INSPYRE Innovation Hub media kit.

About CenterState CEO

CenterState CEO is an independent nonprofit committed to creating inclusive, equitable and sustainable economic growth in Central New York. Its team of experts helps members, clients and businesses of all sizes start, scale, recruit and relocate. CenterState CEO works as a problem solver alongside partners in public, private, and nonprofit sectors to find collaborative and innovative solutions to advance the region and its people. www.centerstateceo.com

Media Contact: Katie Zilcosky, kzilcosky@centerstateceo.com

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SOURCE CenterState CEO

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China’s Long March: The Journey Goes On

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MACAO, Oct. 21, 2026 /PRNewswire/ — This is a report from Xinhua News Agency:

There is a chapter of history every Chinese child learns in school.

There is a poem that generations of Chinese people have learned by heart.

There is a song millions can sing from its very first notes.

In stories, in verses, in melodies, they all point to the same chapter of history: the Long March.

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SOURCE Xinhua News Agency

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Target Makes it Easier for Guests to Discover Stylish Holiday Gifts They Can’t Wait to Give

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Target is offering more than 8,000 new gifts, with more than half exclusive to the retailerMost new holiday items at Target are $20 or less, including thousands $5 and underNew AI-powered shopping experiences, daily deals and early Black Friday savings simplify gifting

MINNEAPOLIS, Oct 21, 2026 /PRNewswire/ — Target Corporation (NYSE: TGT) is putting gifting at the heart of the holidays, bringing guests more than 8,000 new stylish gifts they can’t wait to give. More than half of the new assortment is available only at Target, with thousands of gifts priced at $5 and under. New AI-powered shopping experiences, fresh ways to discover gifts and deals throughout the season will make it easier for guests to find something special for everyone on the list.

“This holiday season, guests will see and feel the changes we’ve been making across Target, bringing together the style, design and value they expect from us with an experience that makes shopping easier and more inspiring,” said Michael Fiddelke, chief executive officer, Target. “We know guests turn to Target for gifting, gathering and everything in between, and our team is ready to help busy families discover more joy in those moments throughout the season.”

Stylish gifts at an incredible value
As consumers continue to look for affordable ways to give gifts that feel special, Target is leaning into one of the season’s biggest trends: luxe-for-less gifting. This year’s assortment includes 100% cashmere (excluding functional trim) starting at $25, pajamas for all from $10, festive decor from $5, faux fur throws at $30, top toys from LEGO, Barbie and Nintendo, new and exclusive gifts from prestige, emerging and global beauty brands at Target Beauty Studio, nostalgic sweet treats and host gifts from Favorite Day and exclusive finds for sports and wellness fans, making it easy for guests to find gifts that feel elevated at every price point.

“Guests tell us they want to give gifts that are thoughtful and personal, while feeling good about what they’re spending,” said Cara Sylvester, executive vice president and chief merchandising officer, Target. “That’s why we’ve brought together the brands they love, exciting trends and unexpected finds they won’t see anywhere else — all at prices that make it easier to get that ‘I can’t wait to give this’ gift.”

More ways to discover the perfect gift
New this season, Ask Target, an AI-powered shopping assistant available in beta on Target.com and the Target app, helps guests find inspiration, narrow their choices and shop with confidence and ease. Additional AI-powered features and a digital holiday kids catalog offer more ways to discover gifts for everyone on the list.

Target’s new Academy of Giftology holiday marketing campaign, launching in November, will tackle familiar gifting dilemmas with playful inspiration to help guests gift it their all and find gifts they’ll be excited to give.

More ways to save, from the first gift to the last
Beginning Nov. 1, guests can shop a new Deal of the Day every day through Dec. 24, with a first-ever one-day preview of upcoming offers to help them plan ahead. Early Black Friday deals run Nov. 5–7, followed by new limited-time offers every weekend throughout the holiday season.

The joy of gift giving
Through Target’s partnership with St. Jude Children’s Research Hospital, guests can give a gift that helps give back with the Gigglescape St. Jude bear, with a donation tied to each purchase while supplies last.

About Target
Target Corporation (NYSE: TGT) brings together style, design and value to offer a distinct assortment and elevated shopping experience across more than 2,000 U.S. stores and online. Powered by more than 400,000 team members, Target serves millions of families each week and invests in the communities where they live and work to support growth and opportunity for all.

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SOURCE Target Corporation

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illumend CEO: Building a COI Tracker with AI Is Easy. Verifying Insurance Compliance Is Not.

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Kristen Nunery warns that homegrown Certificate of Insurance tracking tools can create a false sense of security when businesses mistake collecting insurance documents for verifying coverage and compliance

INDIANAPOLIS, Oct. 21, 2026 /PRNewswire/ — As general-purpose artificial intelligence (AI) makes it easier for businesses to build their own software, Kristen Nunery, founder and CEO of illumend, is warning construction and property management companies against a costly misconception: that building a Certificate of Insurance (COI) tracking system is the same as verifying that contractors and other third parties have the insurance coverage their contracts require.

In her new article, “You Can Build a COI Tracker with AI. That Doesn’t Mean You Should,” Nunery explains that general-purpose AI tools such as ChatGPT can help businesses create applications that collect certificates, track expiration dates, and automate reminders. But those capabilities address only part of the insurance compliance process. Determining whether coverage satisfies contractual requirements involves interpreting insurance documents, reviewing endorsements, identifying exclusions and resolving discrepancies that basic tracking software may overlook.

“AI has democratized the ability to build software. It hasn’t democratized the expertise to make the right insurance decision,” said Nunery, who has spent 16 years in insurance compliance. “If you don’t have a compliance process today, you’re not automating a process. You’re automating your best guess.”

Why a COI Tracker Is Not an Insurance Compliance Verification System

According to Nunery, the critical distinction is between tracking the existence and expiration of insurance documents and verifying whether the underlying coverage meets contractual obligations.

A homegrown COI tracker may confirm that a certificate is current, record policy limits, and flag missing documents. But a current certificate does not necessarily mean a contractor is adequately insured or compliant with an agreement’s terms.

For example, a subcontractor may submit a certificate showing sufficient general liability limits and additional insured status. Yet the underlying endorsement may be a CG 20 10 covering ongoing operations only, while the contract also requires completed-operations coverage under a CG 20 37 or equivalent endorsement. A basic tracker could mark the subcontractor as compliant despite the missing coverage.

“The tracker didn’t misread anything,” Nunery said. “It never had the contract requirement, the endorsement language, or the connection between the two.”

Other potential gaps include incorrectly named insured entities, missing endorsements, inadequate completed-operations coverage, and policy provisions that fail to satisfy contractual insurance requirements. Identifying these issues requires evaluating insurance evidence in context, not simply extracting data from a certificate.

Why Insurance Compliance Verification Requires Specialized Technology

Nunery argues that businesses seeking to move beyond basic COI tracking need technology designed specifically for insurance compliance verification, with insurance expertise embedded in how the system evaluates coverage.

Unlike homegrown tracking tools, specialized compliance platforms such as illumend compare insurance documents against established contractual requirements, examine supporting endorsements, identify coverage gaps, and explain findings that require attention.

This approach powers Lumie, illumend’s specialized AI-powered insurance compliance expert. Lumie reviews certificates and endorsements against established requirements, flags potential deficiencies and provides supporting evidence for its determinations, while allowing compliance professionals to review and resolve exceptions.

“AI should do more than flag a problem. It should show you what it found, which requirement it evaluated, and the evidence behind its assessment,” Nunery said. “Lumie applies insurance expertise at scale and creates a clear record of its findings, so teams can act on routine determinations efficiently and focus their attention on exceptions that need a closer look.”

Nunery’s perspective draws on her experience building myCOI, whose technology has reviewed more than 45 million insurance documents and identified more than 2 million coverage gaps before they became claims, according to company figures.

Build a COI Tracker or Buy a Compliance Platform? The Questions Businesses Should Ask

For organizations considering building their own COI software, Nunery recommends first determining whether they need a document-tracking application or a comprehensive insurance compliance verification system.

Basic tracking needs may be addressed with spreadsheets, conventional software, or applications built with general-purpose AI. But verifying compliance requires substantially more: translating contractual insurance requirements into rules, reviewing endorsements and policy evidence, identifying exceptions, documenting decisions, and maintaining an auditable compliance process.

Businesses must also consider who will keep insurance requirements current, validate the system’s determinations, investigate discrepancies, and maintain the records needed to support compliance decisions during claims or audits.

“Building the software happens once,” Nunery said. “Running a compliance system means keeping requirements, evidence, follow-ups, decisions and the audit trail current, every day it’s in use.”

To read Nunery’s full article, visit https://www.illumend.ai/evaluation-buying/build-vs-buy-coi-tracking-software-ai

About illumend
Founded in 2025, illumend™ is the AI-powered platform redefining how businesses manage third-party insurance compliance and risk. Backed by myCOI, the leader in third-party insurance compliance management with more than 16 years of expertise, illumend reimagines compliance by guiding every step of the process—from document review and expiration tracking to risk flagging, communication, and resolution—within one intuitive system. Built on myCOI’s institutional foundation—having processed more than 45 million documents, managed over 1.2 million agreements, cleared more than 750,000 third-party partners, and identified more than two million coverage gaps before claims—illumend brings this depth of compliance intelligence into an AI-native platform. At its core is Lumie, illumend’s conversational AI guide that reads complex insurance documents, flags issues in real time, and explains them in language anyone can act on. To learn more, visit https://www.illumend.ai.

Media contact:
Michael Tebo
Gabriel Marketing Group (for illumend)
Phone: 571-835-8775
Email: michaelt@gabrielmarketing.com

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SOURCE illumend

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