November 16 2018
News

CEG Economic Development Week in Review – November 12 – November 16, 2018

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

Daily Gazette: Center for Economic Growth to pitch Capital Region R&D

Times Union: CEG highlights NY tech industry, advocates for European partnerships

CEG’s Kennedy talks to the Timers Union about the impacts of Amazon’s Queens HQ2

SUNY Poly: Empire State Development and the State University of New York Announce New Research Partnership with Applied Materials

CEG’s Kennedy talks to the Times Union about NY’s minimum wage increase

REGIONAL ECONOMIC DEVELOPMENT NEWS

Software boot camp expanding into Saratoga County with new coding classes

“Albany Can Code, the nonprofit software boot camp training nontraditional students in the region to help close the tech jobs skills gap, is expanding and offering new coding classes this spring in Saratoga County.

The nonprofit is partnering with Saratoga County Prosperity Partnership to offer classes at SUNY Adirondack’s Wilton campus for the spring semester.”

Made here: New spots brewing craft beer

“If it seems like there are new breweries popping up everywhere these days, that’s because there are. New York state has more breweries now than ever in its history, with more than 400 across the state.

The number of breweries in the state has more than doubled in the past five years.”

Manufacturing center moves forward at HVCC

“A lot has changed since Hudson Valley Community College built its original manufacturing training center in 1953. Now, the college is creating a $17 million center where students will learn to use the latest, computer-controlled equipment expected to power American factories into the future.

When it opens in September 2019, the new 37,000-square-foot, two-story Gene Haas Center for Advanced Manufacturing Skills will be seven times larger than the college’s current training facility, said David Larkin, professor of advanced manufacturing technology in the School of Engineering and Industrial Technologies at HVCC.”

SUNY Poly moves into artificial intelligence tech

“UNY Polytechnic Institute is hiring a business development director for artificial intelligence programs.

The job entails expanding the school’s commercial partnerships in the AI market and creating a formal business plan with an eye on federal funding for AI research.”

New artificial intelligence center moves forward in Troy

“Plans for a new $2 million artificial intelligence technology center are moving forward in downtown Troy.

Rensselaer County has been taking a look at turning the Troy senior center at 19 Third St. into what will be known as the AI Center of Excellence. On Tuesday night, the county legislature voted to transfer the building into the hands of the Rensselaer County Capital Resource Corp., an economic development entity.”

Applied Materials, SUNY Poly in $880M Albany partnership

“New York State will spend $250 million to support a seven-year, $880 million semiconductor manufacturing research center at SUNY Polytechnic Institute in Albany that will be led by semiconductor equipment maker Applied Materials, a top supplier to computer chip companies like GlobalFoundries.

The lab, known as the Materials Engineering Technology Accelerator, or META Center, will be located inside 24,000 square feet of NanoFabX, the building that had once housed SUNY Poly’s G450C program that concluded at the end of 2016.”

Funding Partners