March 22 2019
News

CEG Economic Development Week in Review: March 11 – 15, 2019

Stay up-to-date on business and economic development happenings in the Capital Region with the CEG Economic Development Week in Review. Don’t miss out on the developments that are transforming the region by following us on: CEG IN THE NEWS Two Buttons Deep: If Esports Coaches Did Press Conferences New Haven

March 15 2019
News

CEG Economic Development Week in Review: March 4 – March 8, 2019

Stay up-to-date on business and economic development happenings in the Capital Region with the CEG Economic Development Week in Review. Don’t miss out on the developments that are transforming the region by following us on: CEG IN THE NEWS Business Review: The region’s video gaming community has grown to 400

March 14 2019
Economic Analysis, General, Regional/County Profiles

Capital Region Opportunity Zone Highlights

Even before New York State designated 20 Capital Census Tracts as Opportunity Zones in 2018, half of them had growing populations and four in five had increasing ranks of employed residents. The federal Opportunity Zones community development program is now promising to build on that momentum and is already attracting

March 13 2019
Clean Technology, News, Research & Development

The Research Connection – March 2019: Clean Tech Edition

Featured R&D projects:  Next Generation Power Grid Monitoring Synthetic Jet and Smart Blades Have the Potential to Expand Wind Energy Modeling Strategies for Overhauling the Aging Power Grid Designing a more recyclable plastic Locally grown renewable energy Next generation batteries New York’s Largest Battery Storage Project Horizontal Ribbon Growth of

February 14 2019
Nanotechnology, News

Region’s share of semiconductor development grew in 2018

Times Union By: Larry Rulison Albany – The Capital Region’s share of U.S. semiconductor device development increased in 2018, according to the latest patent analysis by the Center for Economic Growth. In 2018, Capital Region scientists were issued 1,302 semiconductor-device patents, out of 25,170 issued nationwide, which is a 5.2

February 11 2019
News

Economic Development Month in Review: January 2019

For the Top Economic Development News of the Month, CEG selects news articles about projects or developments that promise to improve and/or transform the Capital Region’s economy, particularly those that related to manufacturing and initiatives outlined in, Capital 20.20, a five-year, multi-pronged plan for bringing economic prosperity to the entire

February 11 2019
Nanotechnology, Research & Development

Greater Share of US Semiconductor Device Patents Had Ties to Capital Region Inventors in 2018

Capital Region inventors continued to increase their share of semiconductor device-related patents issued nationwide in 2018. Last year, 1,302 of the total 25,170 semiconductor device-related patents issued by the U.S. Patent and Trademark Office (PTO) listed a Capital Region inventor. That means that 5.2 percent of all U.S. semiconductor innovation

February 11 2019
General

Despite Low Unemployment, Key Sectors are Disproportionately Impacted

In 2018, the Capital Region had its fewest number of unemployed workers in 17 years. The eight-county region averaged 21,800 unemployed workers last year – 48 percent below the peak level of unemployment in 2010, according to New York State Department of Labor data. That stark decline, however, does not

January 18 2019
Biotechnology/Life Sciences/Pharmaceuticals, News, Research & Development

Capital Region saw jump in NIH funding

Times Union By: Diego Mendoza-Moyers The Capital Region saw a significant jump in funding for biotech research last year from the  National Institutes of Health — an increase that has allowed several local research projects to flourish into 2019, according to the Albany-based Center for Economic Growth, a regional economic development

January 16 2019
Economic Analysis, General

Capital Region Market Value Exceeds $61 Billion

According to the latest federal statistics on the gross domestic product of U.S. counties, the Capital Region has the third highest per capita GDP in the New York and has the state’s third fastest-growing GDP. Regional GDP The U.S. Bureau of Economic Analysis (BEA), which measures and reports on the

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