The Capital Region’s economic engine continues to run strong, with the number of standard (passenger) vehicles registered in 2015 growing at the second fastest annual rate among of the state’s 10 regions, according to a Center for Economic Growth (CEG) analysis of recently released New York State Department of Motor
New York City, Philadelphia and Boston have long been recognized as the Northeast’s leading research and development hubs, partly because of their concentration of prestigious higher education institutions. However, universities in a handful of smaller metropolitan statistical areas (MSAs) throughout the region are actually more intensely engaging in R&D activities.
Times Union By: Larry Rulison The Capital Region’s top economic development executive says the area is uniquely positioned to take advantage of Gov. Andrew Cuomo’s massive life sciences and biotechnology push this year that includes $450 million in spending on the fast-growing sector. “Our region’s concentration of biotech companies, such
Albany Business Review By: Michael DeMasi Gov. Andrew Cuomo wants to spend $150 million on a “life sciences laboratory public health initiative,” part of a broader push at supporting an industry that attracts $2 billion in federal research grants to New York — third-highest of any state — but translates
Albany Business Review By: Shannon Sweeney From SUNY Polytechnic Institute to Rensselaer Polytechnic Institute, the Albany, New York area is a hub for university research and development. The area ranked fourth out of 20 Northeastern metropolitan areas for university research and development spending, according to analysis released this week by
Times Union By: Eric Anderson Albany – The Capital Region fares well in a new analysis by the Albany-based Center for Economic Growth looking at the role university research and development plays in the local economy. The analysis, covering 2011 to 2015, measures total university R&D spending, R&D spending per
Times Union By: Robert Downen Albany – Federal health research funding for Capital Region institutions increased significantly last year, a welcome sign for the area’s growing medical and technology sectors. All told, area companies, academic institutions and nonprofits received $54 million in funding from the National Institutes of Health, with
Spotlight News By: Michael Hallisey Local businesses network with one another in a continuous trend promoting community over competition, and that attitude is what’s defining a new “paradigm” in a changing manufacturing industry. New York state is home to a rich network of innovation assets and other resources that can help
With the help of its software gaming industry, the Capital Region received 9.5 percent more in National Institutes of Health (NIH) funding last fiscal year, according to a Center for Economic Growth (CEG) analysis of new data from the federal agency. In fiscal 2016, Capital Region academic institutions, companies and
Jash and Amy Pabbi are no strangers to professional relocations. In 2004 Jash’s career as a process engineer saw the couple moved from India to Canada, initially in Toronto, then Alberta and then Vancouver. After seven years in the Vancouver they moved again, this time to Long Island. And in
