April 17 2018
Employment/Workforce

Region’s Minority Unemployment Rate Drops

The region’s black unemployment rate has fallen to its lowest level in years. In 2016, the Albany-Schenectady-Troy metropolitan statistical area (MSA) had a black unemployment rate of 12.5 percent, compared to 13.8 percent the previous year. Recently, that rate had climbed as high as 15.9 percent in 2013 according to a Center for Economic Growth

April 17 2018
General

Success Story: Vital Vio’s Light Shines Brighter Years after VentureB Pitches

In September 2014, Colleen Costello was in the midst of taking her anti-bacterial lighting system startup, Vital Vio, to the next level. That summer the company, founded two years earlier by Costello and her fellow Rensselaer Polytechnic Institute (RPI) alumnus James Peterson, was in the process of tripling its three-person payroll and on the verge

April 17 2018
Economic Analysis, Regional/County Profiles

Capital Region Population Growth Regains Momentum

The Capital Region was New York’s second fastest-growing region in 2017, with its population increasing over the year by 2,795, or 0.3 percent. This represented a return to more robust growth following three years of marginal gains. Over the past five years, the region’s population has grown by 0.4 percent, the third fastest rate in

March 8 2018
Clean Technology, General

CEG SolarGEN Helps SKS Bottle & Packaging Incorporate Solar Energy saving them $70,000 annually

SKS Bottle & Packaging, Inc. is a 31-year-old supplier of containers and caps to small and large businesses. The company’s innovative “kit” packs of plastic bottles and glass jars have become very popular among its customers in the beverage, medicinal, personal care, cosmetic and other industries and have fueled robust growth. That recently prompted SKS

March 8 2018
Clean Technology

Capital Region Small-Scale Commercial Solar Projects Increased in 2017

The Capital Region last year saw its biggest annual surge in the amount of solar power generation capacity from newly completed small commercial projects. Throughout the eight-county region in 2017, developers completed 106 small commercial projects with a total installed solar power generation capacity of 13,571 kilowatts. That represented a 58.2 percent increase in completions

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