July 20 2020
COVID-19, Employment/Workforce

13,000 PPP Loans Were Approved throughout the Capital Region

As the coronavirus pandemic disrupted the economy, banks approved more than 13,000 loans under the Paycheck Protection Program (PPP) to support Capital Region businesses, according to a Center for Economic Growth (CEG) analysis of new U.S. Small Business Administration data. Regional PPP Impacts  Between April 3 and June 30, banks

June 24 2020
Biotechnology/Life Sciences/Pharmaceuticals, COVID-19

Warren County, New York, Has Nation’s Highest Concentration of Medical Equipment & Supplies Jobs – An Opportunity to Support More Domestic Production

(June 16, 2020; Glens Falls, New York) – As the coronavirus pandemic underscores the importance of the domestic manufacturing of medical equipment and supplies, new U.S. Bureau of Labor Statistics (BLS) data is revealing for the first time that Warren County, New York, has the nation’s highest concentration of jobs

June 17 2020
COVID-19, General

President’s Message: June, 2020

As we enter the summer and Phase 3 of the reopening of the Capital Region’s economy, we are starting to see glimmers of the “normal” way of life we knew before the coronavirus pandemic. People are at restaurants and beaches. We are getting haircuts and shopping at stores. At the

June 17 2020
COVID-19, Employment/Workforce, General

Capital Region Emerged from 1st Full Month of COVID-19 with NY’s Lowest Unemployment Rate

Demonstrating its resiliency, the Capital Region emerged from the first full month of the Coronavirus pandemic with not only the lowest unemployment rate among New York’s 10 economic development regions but also the 19th lowest among major commutersheds nationwide1, according to a Center for Economic Growth analysis of data from

June 8 2020
COVID-19, General

CEG Webinar Series, Part X: 3 Questions on COVID-19 Reopening with LeChase Construction & Bergmann Architects

CEG continues our free webinar series, offering insight on the COVID-19 pandemic’s impact on business and strategies for reopening.  To familiarize you with the presenters and their unique perspectives on the crisis, CEG has asked them to respond to three questions. Webinar 10: Preconstruction Planning: Understanding it’s Importance and How

May 26 2020
COVID-19, General

President’s Message – May, 2020

The Capital Region’s economy is now reopening after being largely shutdown for the last two months. The Center for Economic Growth responded to the shutdown by emerging as what the Rockefeller Institute of Government has called an Economic First Responder. And now as the regional economy reopens, we will pivot

May 20 2020
COVID-19, Manufacturing

Success Story: PVA Pivots to Manufacture Emergency Ventilators

Precision Valve & Automation (PVA) has been making conformal coating systems, fluid dispensing solutions and precision valve technology for nearly three decades. With a 135,000-square-foot facility in Cohoes, PVA’s products are used in the solar, semiconductor, defense, aerospace, automotive and medical device industries. The company was founded in 1992 by

May 19 2020
COVID-19, Manufacturing, News

Press Release: Capital Region Manufacturing Re-Start Program

For Immediate Release: May 19, 2020 Media ContactJames SchlettDirector of Research and Communications518-265-7816 jamess@ceg.org    ALBANY, NEW YORK – To help local manufacturers prepare for the reopening of the regional economy, the Chief Executives Network for Manufacturing (CEN), in partnership with the Center for Economic Growth (CEG), is sponsoring the

May 8 2020
COVID-19, News

Press Release: Center for Economic Growth Announces $150K COVID-19 Small Business Stabilization Fund

For Immediate Release: May 8, 2020 Center for Economic Growth Announces $150K COVID-19 Small Business Stabilization Fund The fund was created to fill identified gaps in relief funding to under-resourced small businesses (ALBANY) – National Small Business Month kicks off with the launch of a $150,000 small business stabilization fund

May 5 2020
Biotechnology/Life Sciences/Pharmaceuticals, COVID-19, R&D

Capital Region Life Sciences Cluster Mobilizes to Counter COVID-19

From conducting clinical trials to developing testing equipment and medical devices, the Capital Region’s Life Sciences Cluster is contributing to the effort to fight the coronavirus pandemic. The Life Sciences Cluster employs more than 5,800 and features several industries that are nationally unique. Below is an overview of COVID-19-related activates

Funding Partners