Boosted by the introduction of ridesharing to upstate, as well as a stronger real estate market and creative economy, the Capital Region’s ranks of independent contractors increased by 5.4 percent between 2013 and 2017. The economic impact of these mostly self-employed or freelance workers, also referred to as “nonemployer establishments,”
The Capital Region is one of only three state economic development regions that has maintained its ranks of young adults grow over the last five years – and New York City is not one of them. In fact, out of New York’s 62 counties, only 17 grew their young adult
The Capital Region is one of less than 50 metro areas nationwide where businesses spend more than $1 billion on R&D annually, according to new data from the National Center for Science and Engineering Statistics (NCSES). R&D Spending In 2015, businesses in the five-county Albany-Schenectady-Troy metropolitan statistical area (MSA) spent
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: Mobius Labs in Troy gets $750,000 NSF grant REGIONAL
For the Top Economic Development News of the Month, CEG selects news articles about projects or developments that promise to improve and/or transform the Capital Region’s economy, particularly those that related to manufacturing and initiatives outlined in, Capital 20.20, a five-year, multi-pronged plan for bringing economic prosperity to the entire
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: Federal funding of small biz in Capital Region on
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 Post Start: Power of growth: Washington County sees high number of
Activity Snapshot Accelerate Update The following businesses joined our Accelerate capital campaign in the second quarter: The Daily Gazette M3 Placement & Partnership Mechanical Testing Auto/Mate Albany Management Robert C. Parker School Livingston Energy Group NYSEG The Wagoner Firm Veteran Connect Center More than 225 people attended the launch of
The federal government awarded 34 percent more in seed funding to Capital Region startups and other small business in fiscal 2018, according to a Center for Economic Growth (CEG) analysis of data on SBIR.gov. Awards Fifteen firms in the eight-county region received $17 million in Small Business Innovation Research (SBIR)
Robust growth among minorities over the past five years is accelerating the diversification of the Capital Region’s racial and ethnic makeup, according to a Center for Economic Growth (CEG) analysis of new U.S. Census Bureau estimates. Minority Growth In 2018, the Capital Region had an estimated 202,663 minorities (non-white only),
