The Capital Region emerged as the only one of New York’s 10 economic development regions to see growth in total annual wages in 2020. The Capital Region also sustained the smallest percentage of job losses in the state last year. Even more, Rensselaer County’s wage growth was the strongest in
Business formation continued in the Capital Region throughout 2020 and despite the pandemic. Last year, 9,456 applications to form a business were filed in the eight-county Capital Region, up by 295 (3.2 percent) from the previous year, according to a Center for Economic Growth (CEG) analysis of new U.S. Census
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 Albany Business Review: UAlbany starts video game design program as esports
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 Albany Business Review: Capital Region companies less open to remote work
As the Capital Region emerges as a leading East Coast offshore wind (OSW) component manufacturing hub, the area is already at the forefront of wind energy R&D. In 2020, one in 12 wind energy patents awarded by the U.S. Patent and Trademark Office (PTO) listed an inventor from the Capital
The Capital Region’s ability to attract higher-earning taxpayers helped offset a small contraction in its base of individual income tax filers in 2019, resulting in an annual net gain of wealth, as measured by adjusted gross income (AGI), according to a Center for Economic Growth analysis of new Internal Revenue
Amid the pandemic and as a transformative redevelopment project neared completion on Starbuck Island, Green Island emerged as New York’s fastest-growing town and village in 2020. Three more towns and three more villages from the Capital Region also ranked among state state’s fastest-growing communities, according to a Center for Economic
Capital Region businesses have until July 30 to submit a consolidated funding application (CFA) for several state agency programs participating in Round XI of the Regional Economic Development Council (REDC) process. This year, the Capital Region Economic Development Council (CREDC) will be assessing CFA based on their project readiness, potential
Featured university R&D projects: The Rensselaer-IBM Artificial Intelligence Research Collaboration Combating Fake News with Artificial Intelligence Combining Neuroimaging and Artificial Intelligence to Help Veterans Applying AI Research to COVID reopening plans Empowering Health Care Facilities to Monetize Efficiency A New Tool to Detect Deepfakes AI-Guided Robots Potential Solution for Plastic
See the below articles from the past month for news about CEG: CEG Announcements/Op-eds/Media Mentions IBM elicits praise, celebration locally after 2nm chip breakthrough Times Union: CEG and Denmark hosting virtual offshore wind industry tours Central New York Business Journal: NY MEP Recovery Initiative offers nearly $1M in project funding
