After two years of hitting historic lows, the number of Capital Region manufacturing establishment births doubled in 2022, according to a Center for Economic Growth (CEG) analysis of new U.S. Census Bureau data from its Business Dynamics Statistics series. MFG BIRTHS In 2022 in the eight-county Capital Region, there were
A new startup guided by two seasoned Albany entrepreneurs is leveraging artificial intelligence to drastically reduce the amount of time healthcare managed services organizations spend on pre-authorizations for referrals, procedures, testing and prescriptions. At the next Startup Tech Valley (SUTV) event at Brown’s Revolution Hall in Troy on Sept. 18,
A Troy startup that leverages artificial intelligence for data orchestration has gone from helping marketing teams pinpoint potential customers to helping a West African country map out their entrepreneurial support systems. At the next Startup Tech Valley (SUTV) event at Brown’s Revolution Hall in Troy on Sept. 18, Ten Talents
A Troy serial entrepreneur whose last venture saw him fight misinformation is now leveraging technology to save digital assets after death. At the next Startup Tech Valley (SUTV) event at Brown’s Revolution Hall in Troy on Sept. 18, the startup Eternal ME will preview its new digital asset management
The Capital Region has upstate New York’s second greatest number of women who wholly and equally own businesses with no employees (i.e., nonemployer firms), that are wholly or equally owned by women, according to a Center for Economic Growth (CEG) analysis of new U.S. Census Bureau data. Data from the
Startup Tech Valley is returning to spotlight Capital Region tech entrepreneurs after a four-year hiatus triggered by the pandemic. The relaunch of the Startup Tech Valley series comes amid a burst of entrepreneurial activity in the region, with several local startups receiving their first federal research grants or contracts or
Employment among the Capital Region’s startup manufacturers rebounded in 2022 after entrepreneurial activity in the sector hit a decades-low during the pandemic, according to a Center for Economic Growth analysis of U.S. Census Bureau Business Dynamics Statistics (BDS) and Quarterly Workforce Indicators (QWI) surveys. In 2021, the eight-county Capital Region
The Capital Region’s ranks of Asian- and veteran- and equally male/female-owned businesses grew rapidly in the year after the pandemic started, according to a Center for Economic Growth (CEG) analysis of U.S. Census Bureau Annual Business Survey (ABS) data. In 2021, the five-county Albany-Schenectady-Troy metropolitan statistical area (MSA) had 15,029
The first year of the pandemic took its toll on the ranks of freelancer, independent contractors and other nonemployer establishments in regions across New York, but the Capital Region was the only one where their total sales, value of shipments, or revenues increased. While Capital Region nonemployer establishment losses were
The number of Capital Region startups and new businesses receiving funding from the Small Business Administration’s 7(a) and 504 programs has doubled since before the pandemic, according to a Center for Economic Growth (CEG) analysis of SBA data. Loan Volumes In fiscal year 2022, 63 SBA 7(a) and
