January 15 2025
Entrepreneurship, Manufacturing

Solo MFGs Spike in Capital Region

The Capital Region in 2022 saw its largest annual increase in solo manufacturing operations in more than a decade, according to a Center for Economic Growth (CEG) analysis of new Nonemployer Statistics from the U.S. Census Bureau. In 2022, the eight-county Capital Region had 1,103 nonemployer manufacturing establishments, which include

January 14 2025
Employment/Workforce, Manufacturing, Nanotechnology, News

State’s 1st Nanotech Engineering Technician Apprenticeship Trade Gets Approval

    (Jan. 17, 2025) – The New York Department of Labor (NYS DOL) recently approved the Nanotechnology Engineering Technician (NET) trade, the first of its kind in the state, sponsored by the Center for Economic Growth (CEG). CEG’s leadership in developing the trade creates new and expanded Registered Apprenticeship

January 14 2025
News

CEG In The News: December 2024

See the below articles from the past month for news about CEG: Albany Businss Review: Colonie and Bethlehem struggle to fill economic development positions UAlbany: University at Albany Launches Major and Graduate Program in Game Design and Development WNYT News 13: UAlbany creates new gaming design graduate program NY.Gov: Affordable

January 14 2025
Employment/Workforce, Regional/County Profiles

Capital Region Leads Upstate for Per Capita Income Growth

The Capital Region had upstate New York’s fastest-growing per capita income in 2023, boosted by gains in Albany, Saratoga, Greene and Schenectady counties, according to a Center for Economic Growth (CEG) analysis of new data from the U.S. Bureau of Economic Analysis. In 2023, the gross personal income for the

December 20 2024
News

CEG Economic Development Week in Review December 11 – December 20, 2024

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 City & State: The 2024 Trailblazers in Economic Development  

December 13 2024
News

CEG Economic Development Week in Review December 9 – December 13, 2024

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 NY.Gov: Affordable Child Care: Governor Hochul Launches Business Navigator Program

December 13 2024
Manufacturing, Regional/County Profiles

Schenectady, Rensselaer, Warren among NY’s Top for Productivity Growth

Three Capital Region counties ranked among New York’s top five fastest-growing counties for productivity growth in 2023, according to a Center for Economic Growth (CEG) analysis of new data from the U.S. Bureau of Economic Analysis. In 2023, the eight-county Capital Region had a gross domestic product (GDP) of $98.8

December 13 2024
Biotechnology/Life Sciences/Pharmaceuticals, Manufacturing, Research & Development

Capital Region Contract Drug MFGs Ramp up Small Batch Capabilities

Contract manufacturing operations in the Capital Region’s Life-Sciences Cluster have been expanding their abilities to produce kilogram-scale batches of small molecules and active pharmaceutical ingredients (APIs) in facilities that are compliant with good manufacturing practices (GMP). At the University of Albany’s Health Sciences Campus in East Greenbush, two biotech firms

December 13 2024
General

Alzheimer’s Disease Research Drives Entrepreneurship in the Capital Region

As Rensselaer Polytechnic Institute launches an initiative to create more Alzheimer’s disease-related startups, the Capital Region is already the state’s third top recipient of National Institutes of Health (NIH) funding for private sector, for-profit research and development in this field. Between fiscal years 2019 and 2023, Capital Region firms received

December 11 2024
News

CEG In The News: November 2024

See the below articles from the past month for news about CEG: Spotlight News: Albany NanoTech selected as site for National Semiconductor Technology Center NY CREATES: CEG: Even Before NSTC Designation, Capital Region Was Already at EUV R&D Forefront To learn about more the Capital Region’s economic development news from

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