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
A fermenting tank at Albany Distilling downtown Albany manufacturing facility. Founded in 2011, Albany Distilling Company was its namesake city’s first licensed distillery since the start of Prohibition. The distiller’s first product was a bourbon-mash whisky, which was followed by a variety of spirits, including rums and vodkas. Focused primarily
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 Times Union: Plug Power will create 97 jobs at new Clifton
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 Industry Week: We Have Liftoff: How a family metal-cutting company
Albany Business Review By: Liz Young More companies have expressed interest in the Albany area since the region competed for Amazon’s second headquarters, said Andrew Kennedy. That includes video game makers, technology companies and life sciences firms, among others, said Kennedy, who leads the region’s Center for Economic Growth that
One in 20 semiconductor-related device patents1 awarded by the U.S. Patent and Trademark Office (PTO) in 2017 can be traced back to a Capital Region inventor, according to a Center for Economic Growth review of patents listed in PTO’s Patent Full-Text and Image Database. Capital Region inventors’ tally of semiconductor-related
