February 17 2021
General, News

President’s Message: February, 2021

Eagan: CEG-Chamber Affiliation Yields Greater synergies and Collective Impact As the Center for Economic Growth (CEG) and Capital Region Chamber further integrate as a result of our affiliation, it is becoming apparent just how much of a powerful alliance we have created for the Capital Region’s economy. By placing regional

February 12 2021
General, News

Week in Review: February 8 – February 12, 2021

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: Venture B session to hear presentation of semiconductor planarization

February 11 2021
General, News

CEG in the News: January, 2021

See the below articles from the past month for news about CEG: Times Union: Coronavirus research fuels record level of federal research grants in region Albany Business Review: Capital Region receives $81.5M in National Institutes of Health grants, most in 12 years Daily Gazette: Capital Region Chamber announces 2021 officers

February 11 2021
General, Tourism

How Much More Did Travelers Spend in the Capital Region before COVID?

Traveler spending in the Capital Region’s tourism industry grew at a slower pace in 2019, but it still outpaced seven of the state’s 10 economic development regions, according to a Center for Economic Growth (CEG) analysis of New York State Economic Development Corp. statistics. In 2019, travelers to the eight-county

February 11 2021
General, Research & Development

Businesses Spent This Much More on R&D at Capital Region Colleges and Universities

R&D funded by businesses up 51% at RPI, 39% at SUNY Poly Increased business funding helped fuel a 6.9 percent increase in research and development spending at Capital Region colleges and universities in 2019, according to a Center for Economic Growth (CEG) analysis of new data from that National Center

February 11 2021
General, Nanotechnology

These Semiconductor Startups Drove the Capital Region to an NSF Seed Funding Record

The federal agency chiefly responsible for driving innovation and commercialization in the private marketplace awarded a record sum of seed funding to Capital Region startups in fiscal 2020, with advanced-stage semiconductor R&D boosting the award total, according to a Center for Economic Growth (CEG) analysis of preliminary data from the

February 5 2021
General, News

Week in Review: February 1 – February 5, 2021

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: Venture B session to hear presentation of semiconductor planarization

January 14 2021
Economic Analysis, General, Regional/County Profiles

Capital Region’s Productivity Hit 14-Year High in 2019

Just before the pandemic, the Capital Region experienced its strongest gross regional product (GRP) growth in 14 years, with a jump in productivity in the Glens Falls metropolitan statistical area (MSA) pushing the annual output total over the top, according to a Center for Economic Growth (CEG) analysis of new

January 12 2021
Biotechnology/Life Sciences/Pharmaceuticals, General, News, Research & Development

Capital Region Nets $81.5M in NIH Awards – Most in 12 Years

FOR IMMEDIATE RELEASE GE Research receives record amount of NIH awards, Union prof’s neuro-exergame in clinical trials   ALBANY, NEW YORK – In fiscal 2020, the Capital Region’s Life Sciences Cluster received its greatest amount of National Institutes of Health (NIH) awards in 12 years, when adjusting for inflation. The

December 14 2020
General, Regional/County Profiles

Capital Region Businesses Awarded $1.6 B in PPP Loans

Nearly 250 lenders approved $1.6 billion in Paycheck Protection Program (PPP) loans for Capital Region businesses, with the construction, healthcare and social assistance, and professional and technical services sectors receiving the most in relief funds. KeyBank emerged as the eight-county region’s leading PPP lender, with its total loan amount and

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