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
Accelerate Update Two years after announcing the Accelerate Capital Campaign, CEG continues to see new companies and regional organizations becoming investors and helping shape the Capital Region’s economy. Our newest investors are: • Bender Lane Advisory • BestPass Inc. • Black Chamber of Commerce • The Bonadio Group •
The talent pipeline for the Capital Region’s technology sector continued to expand in 2017, with traditional colleges and universities throughout the eight counties seeing a 10.3 percent year-over-year increase in STEM degrees awarded, according to a Center for Economic Growth Analysis of new data from the Integrated Postsecondary Education Database
Employment in the Capital Region’s manufacturing sector last year climbed to its highest level since 2001. In 2017, the eight-county region’s manufacturers drove a 1.6 percent annual net jobs gain to an annual average of 34,322. Employment was up 7.6 percent from five years earlier, according to a Center for
NY Nanotech Summit, Co-Organized by AIM Photonics and CMPUG, with Prominent NY Tech Pavilion, to Highlight Innovation-Based Business Growth Opportunities in New York State ALBANY, NY – SUNY Polytechnic Institute (SUNY Poly), in partnership with the American Institute for Manufacturing Integrated Photonics (AIM Photonics), The Chemical Mechanical Planarization Users Group
October 9 event will promote collaboration to advance semiconductor technology and business, and provide unique insight to inform the regional ecosystem on growth opportunities Saratoga Springs, NY and San Jose, CA – The Saratoga County Prosperity Partnership (Saratoga Partnership), the county’s designated economic development agency, the Global Semiconductor Alliance (GSA),
Three of New York’s top 10 fastest-growing cities were in the Capital Region in 2017. Even more, on a year-over-year basis, the eight-county region also housed the state’s second and third fastest-growing towns and fastest-growing village, according to a Center for Economic Growth (CEG) analysis of new U.S. Census Bureau
The area’s homeownership rate last year rose for the first time since 2010. The uptick in this rate may provide clues to the area’s coinciding increase in its unemployment rate for the first time in six years, though economists remain divided over whether there is not only correlative but also
Residents of the Capital Region and its outlying counties are increasingly crossing county and state lines – and traveling longer – to get to work. At the same time, greater shares of workers in the region’s neighboring counties in Massachusetts and Vermont are likewise commuting across state lines. Taken together,
