With Gov. Kathy Hochul on Sept. 6, 2021 designating COVID-19 an airborne disease under the New York Health and Essential Rights Act (NY HERO Act), employers are required to implement workforce safety plans. Employers were required to adopt an airborne infectious disease by Aug. 5, 2021 and to provide
The Capital Region’s manufacturing sector weathered the first full three months of the Coronavirus lockdown better than New York’s other economic development regions, owing largely to manufacturers in its essential chemical and computer and electronic product industries, according to a Center for Economic Growth (CEG) analysis of New York State
Amid COVID-19, NYS Business Applications Surge to Record High in Q3 ALBANY, NEW YORK – New U.S. Census Bureau data reveals that just before the onset of the coronavirus pandemic, the Capital Region had seen the fastest growth in applications to form businesses over the last five years out of
Amid the economic crisis sparked by the coronavirus pandemic, more than 8,000 of Capital Region businesses received more than $442 million1 in Economic Injury Disaster Assistance Loans (EDIL) from the U.S. Small Business Administration (SBA), according to a Center for Economic Growth (CEG) analysis of new data from USAspending.gov. The
Featured university R&D projects: 30-Minute COVID-19 Antibody Test Unique System for Using UVC Light to Sterilize Masks in Bulk Diagnostic Saliva COVID-19 Test Rapid Corona Virus Testing Engineers Developing New Ways to Optimize N95 Masks COVID-19 Pooled Surveillance Testing Program Streamlined Temperature Screening System UB facilities used to develop COVID-19
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 WNYT: Capital Region scientists on a roll with patents, inventions News
Since COVID-19-related job losses peaked in April, the education services, retail trade and other sectors in the Albany-Schenectady-Troy metropolitan statistical area (MSA) have slowly bounced back. However, as of July, hard-hit sectors such as leisure and hospitality and healthcare and social assistance have been slow to reduce their year-over-year losses
Initiative will support manufacturers in recovering from the COVID-19 pandemic and positioning themselves for future competitiveness and resilience. The New York Manufacturing Extension Partnership (NY MEP) today announced new programs to provide critical services to small and mid-sized manufacturers as they adapt to changing market conditions amidst the coronavirus pandemic.
FOR IMMEDIATE RELEASE ALBANY, NEW YORK – To help small businesses weather the economic disruption caused by the coronavirus pandemic, the Center for Economic Growth has awarded 41 of them a total $200,000 under a stabilization fund provided by the KeyBank Business Boost & Build Program (KBBB) powered by JumpStart,
As the coronavirus pandemic disrupted the economy, banks approved more than 13,000 loans under the Paycheck Protection Program (PPP) to support Capital Region businesses, according to a Center for Economic Growth (CEG) analysis of new U.S. Small Business Administration data. Regional PPP Impacts Between April 3 and June 30, banks
