December 14 2020
General

CEG Names Pitch Your Pivot Winners: Head Heart Hands Consulting Takes $5,000 Grand Prize

The grand prize winner of the Center for Economic Growth’s Pitch Your Pivot Competition is an education and equity consulting firm that expanded its prospective client base during the pandemic by evolving into a Wellness, Inclusion, Diversity and Equity (WIDE) strategy service provider for nonprofits and corporations. The startup has

November 13 2020
COVID-19, General, News

Capital Region Leads NYS in Growth of Applications for Biz Formation, Albany Co. Leads Northeast

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

November 13 2020
COVID-19, General

8,000+ Capital Region Businesses Received $442M in COVID-19 Disaster Assistance Loans

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

November 13 2020
Education/Training, Employment/Workforce, General

4 in 5 Employed Capital Region SUNY Undergrads Are Still NYers 5 Years Post-Grad

HVCC has highest 5-year, post-grad employment rate among NYS community colleges, SUNY ADK has 3rd About four in five Capital Region SUNY school graduates who were employed five years after receiving an associate’s or bachelor’s degree were still living in New York, according to a Center for Economic Growth (CEG)

November 13 2020
General, Manufacturing, Software/Gaming/IT

Success Story: QTH 54 Software Brings Efficiencies to Simmons Machine Tool Corporation

Last year Timothy M. Williamson began working with two partners to resolve a problem that had been running up costs and hurting efficiency at a high tech production facility. The problems consisted of hold ups, labor costs and down production due to the unavailability of parts and operations manuals for

October 22 2020
General, News

Katie Newcombe Selected as CEG’s Chief Economic Development Officer

FOR IMMEDIATE RELEASE ALBANY, NEW YORK – The Center for Economic Growth (CEG) is pleased to announce that Katie Newcombe has been named its new Chief Economic Development Officer. She comes to CEG with more than a decade of experience in economic development, spanning multiple states and public, private and

October 13 2020
Economic Analysis, Employment/Workforce, General

The Capital Region is the Nation’s 4th Leading Destination for Relocating NYC Workers

ALBANY, NEW YORK – New U.S. Census Bureau data reveals the Albany-Schenectady-Troy metropolitan statistical area (MSA) is the nation’s fourth biggest attractor of greater New York City metro area workers who relocate for jobs, according to a Center for Economic Growth (CEG) analysis of U.S. Census Bureau Job-to-Job Flows Explorer

September 16 2020
COVID-19, Economic Analysis, Employment/Workforce, General

The Capital Region Sectors and Occupations that Are Bouncing Back from COVID-19

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

August 17 2020
General

Capital Region Tech Firms Receive $11M in Federal Seed Funding, 3 Startups Get First Awards

Several local startups received their first infusions of federal seed funding in fiscal 2019, pushing the Capital Region’s annual award total to $11.3 million, according to a Center for Economic Growth (CEG) analysis of U.S. Small Business Administration data. In 2019, 13 Capital Region small businesses received a total of

August 11 2020
Biotechnology/Life Sciences/Pharmaceuticals, General, Research & Development

The Research Connection – August 2020: Cancer Research Edition

Featured R&D projects: Transfer RNAs in Cancer Improving Targeted Therapies against Solid Tumors Targeting the Chaperone of Kidney Cancer Choice of anesthesia may affect breast metastases New inhibitor shows promise against metastatic prostate cancer A Tumor Model that More Closely Mimics the Body Protein Linked to Cancer Acts as a

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