The Capital Region’s biotech sector saw a 13.5 percent year-over-year increase in National Institutes of Health (NIH) awards in fiscal 2018. Between 20 firms and institutions, the region received 154 awards totaling $62 million. That was the eight-county region’s largest amount of NIH since fiscal 2013, according to a Center
With New York State pursuing one of the nation’s most ambitious plans for generating offshore wind (OSW), the Center for Economic Growth (CEG) is working to position the Capital Region’s two water ports as facilities for the manufacturing and fabrication of OSW components. In January 2018, New York State released
In 2018, Capital Region towns, cities and counties were listed in more than three dozen statewide and nationwide rankings, which recognized their outstanding economic performance and quality of life. Below is a full listing of the eight-county region’s listings (ordered by the ranking source). Ranking (Source): 10 Best Small Town
FOR IMMEDIATE RELEASE Academic R&D Spending Is Up 5.9% in the Capital Region CEG unveils “The Research Connection” to highlight local academic R&D projects Capital Region colleges and universities saw a 5.9 percent annual increase in R&D expenditures in fiscal 2017, according to a Center for Economic Growth (CEG) study
Featured R&D projects: Portable biosensing strips for detecting food contamination Developing a blood test for autism spectrum disorder Virtual retina will aid search for blindness cure Using Light to Help Alzheimer’s Patients Detecting early stage Alzheimer’s disease Detection of chemical and biological toxins Futuristic device enables faster and more reliable
New Materials Engineering Technology Accelerator Will Further Position Albany as a Hub for Groundbreaking Research Applied Materials to Make $600 Million Private Investment and Partner with New York State to Provide Capital to Promising Startups and Early-Stage Companies Across Upstate Empire State Development (ESD) and the State University of New
The talent pipeline for the Capital Region’s tech sector is becoming more diversified, with local colleges and institutions awarding 35.8 percent more STEM degrees to minorities1 over the past five years, according to a Center for Economic Growth analysis of data from the Integrated Postsecondary Education Data System (IPEDS). STEM
The Capital Region’s manufacturing sector employed more than 34,000 workers in 2017 and is projected to add nearly 2,800 over the next 10 years. That 7 percent increase in manufacturing employment far outpaces projections for the nation (0 percent) and state (-5 percent), according to estimates from Economic Modeling Specialists
Nonprofit organizations are playing an important role in supporting the Capital Region’s economic growth. In forming the backbone of the region’s creative economy, training the workforce and providing an abundance of outdoor recreational opportunities, they are helping the Center for Economic Growth (a nonprofit) and the Capital Region Economic Development
FOR IMMEDIATE RELEASE ALBANY, N.Y – With R&D services poised to become the Capital Region’s largest export, the Center for Economic Growth (CEG) is looking to build on that momentum. CEG will return to Europe this week to highlight R&D opportunities with the Capital Region’s academic institutions and to discuss
