News

December 16, 2015
Big plans for downtown Albany property still alive, officials say

Albany Business Review By Michael DeMasi Business leaders aren’t giving up on a large mixed-use project in downtown Albany, New York, even though $500 million in state economic development funds eluded them last week and the size of the development has been met with skepticism. “It is possible for it to still go forward,” said […]


December 10, 2015
Why Albany will play a critical role in rebuilding the upstate economy

Albany Business Review By: Robin Cooper Albany will play a big role as Gov. Andrew Cuomo implements his strategy for rebuilding the upstate New York economy by directing jobs and private-sector investments to Syracuse, Rochester, and Buffalo. That is the way Mike Hickey, president and CEO of the Center for Economic Growth, sees it. The […]


December 9, 2015
Hickey believes region can win Cuomo’s $500 million prize

Times Union By: Larry Rulison Mike Hickey, CEO of the Center for Economic Growth in Albany, says he remains optimistic that the Capital Region will win one of the $500 million Upstate Revitalization Initiative prizes that Gov. Andrew Cuomo will announce Thursday in Albany. The contest has been dubbed the upstate ‘hunger games’ by the media since only three of […]


November 13, 2015
CEG & TechConnex to present 4th Techapalooza

For Immediate Release The Center for Economic Growth (CEG) and its affiliate, TechConnex, present Techapalooza, in its fourth year, on November 18th at the New York State Museum in Albany, NY. Techapalooza provides software enthusiasts with an opportunity to network, explore and engage with new, innovative technologies and the companies who have developed them. Event […]


October 31, 2015
Michael Hickey talks URI with WNYT

WNYT By: WNYT Staff In April of last year, Governor Andrew Cuomo launched his Upstate Revitalization Initiative. It’s a competition for the best plans to help Upstate New York grow economically. Joining us Saturday in studio is President and CEO of the Center for Economic Growth, Michael Hickey. Hickey, an economic expert who helped author […]


October 22, 2015
Center for Economic Growth going through a transition

Albany Business Review By Megan Rogers Center for Economic Growth is going through a transition. Board members are refining the mission of the nonprofit that promotes private sector growth in the region and preparing to move toward an investor model of funding and away from a membership model. Michael Hickey is the interim president and […]


Top economic development official praises Capital Region’s plan for state money competition

Albany Business Review By Marie French   Empire State Development CEO Howard Zemsky said the Albany area’s economy is doing better than many other upstate New York regions. But that won’t put the Capital Region at a disadvantage in the state competition for $500 million for economic development, he said. “As long as that money […]


October 16, 2015
Industry roundtable: Economic development

Albany Business Review The law firm Hodgson Russ and Albany Business Review recently gathered a panel of economic developers, builders and business leaders for a roundtable discussion. The panel, moderated by Business Review Publisher Carolyn Jones, covered a range of issues, from the health of our downtowns to competition for state money. We began with […]


September 23, 2015
Center for Economic Growth and the Greater Capital Region Workforce Development Boards Launch Second Video in STEM Careers Series

FOR IMMEDIATE RELEASE Albany, NY –The Center for Economic Growth (CEG) in collaboration with the Greater Capital Region Workforce Investment Boards (GCR WIBs) is introducing the second in a series of business showcase videos highlighting local companies that offer exciting STEM careers for qualified local employees. The video features GLOBALFOUNDRIES Fab 8, the Malta-based manufacturing […]


September 21, 2015
Howard Zemsky named keynote speaker for Center for Economic Growth meeting

Albany Business Review By Andrew H. Roiter Howard Zemsky, president and CEO of Empire State Development, will be center stage next month in Troy, New York. The head of the state’s chief development agency will deliver the keynote address at the Center for Economic Growth’s annual member meeting on Oct. 21 at the Experimental Media […]


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