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Historic picture of OBDC Building


Historic pictures of OBDC Building


Constructed in 1895, our building at 301 N Union St was originally the location of Riley & Wands, a local grocery wholesaler. From 1960 – …

January 1, 2013

July 20, 2013

Picture of OBDC Building when it was OBI

Birth of Family Partners Group

In 2013 we originally started out as a not-for-profit known as, “Family Partners Group Inc.” The mission was to benefit youth, families, small businesses, and …

Corner view of OBDC Building when it was OBI

Purchase of the OBI Building

In 2015, 301 N Union Street was purchased by 2 entrepreneurs to establish a business incubation space.  The non-profit business formerly known as, ” Family …

August 31, 2015

August 1, 2016

Picture of Program Presenter in the Carney Lecture Hall

Early Programming

Activity in the building was focused on providing office co-working, incubation space, and programming to support potential new business starters. However, it quickly became apparent …

Picture taken during renovations of the OBDC Building

Renovation Timeline

Part of the new business model was to renovate the building, which hadn’t been updated in decades.  A key element of this was adding an …

August 1, 2017

August 1, 2019

St. Bonaventure University logo

Strategic Plan Developed

The influence of a very active OBDC Board of Directors lead to a much higher level of collaboration between St. Bonaventure University, Jamestown Community College’s …

The Hub Logo

Creation of the Hub

As the collaboration between the SBU Innovation Center, JCC and OBDC continued to strengthen, the concept of a co-working space for students and area entrepreneurs …

August 1, 2021

August 17, 2021

Picture taken during renovations of the OBDC Building

Move to the 4th floor

Continued growth and demand for the newly renovated office spaces on the first 3 floors of the OBDC building drove yet another renovation project to …


Initial Laine Business Accelerator

After the passing of one of the co-founders of Cutco Corporation, Mr. Erick Laine, in 2020, a memorial fund was established in his name (the …

September 17, 2021

June 27, 2022

Close-up picture of Laine Place sign

Laine Place

As a tribute to the legacy of Erick Laine, the OBDC Board of Directors unanimously approved the re-naming of the building at 301 N Union …

Picture of The Hub while a program was being hosted

2022 and Beyond

The second annual Laine Business Accelerator cohort has been selected and is underway, with 10 businesses participating this year thanks to a grant from the …

August 17, 2022

Special thanks to the Olean Historical Society for providing many of the older building photos.
Please check them out on the Olean Historical Society Facebook Page !

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