Capital Region small businesses received nearly $16 million in federal seed funding for R&D in fiscal 2021. Those recipients included three startups that got their first awards under the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, according to a Center for Economic Growth (CEG) analysis
Startup formation throughout upstate New York has been second strongest in the Capital Region, according to a Center for Economic Growth analysis of data from U.S. Census Bureau Business Dynamics Statistics. Establishment Births Between 2015 and 2019, the eight-county Capital Region averaged 2,067 annual employer establishment births, or 8.4 percent
Fifteen Capital Region small businesses received $15.5 million in federal seed funding grants for research and development in fiscal 2020. That included a record annual sum from the National Science Foundation (NSF), according to a Center for Economic Growth analysis of SBIR.gov data. SBIR/STTR The SBIR program helps stimulate small
An easy-to-use and free tool available for entrepreneurs interested in demographic or market intelligence is the U.S. Census Bureau’s Census Business Builder (CBB). The CBB provides demographic data tailored to specific users: small business owners and regional analysts. The CBB pulls from data from the Census Bureau’s American Community Survey.
While venture capital tends to concentrate in large metros such as New York City and Boston, businesses in the Albany metro area are faring better at attracting VC investment better than those in their mid-sized counterparts in the Northeast, according to a Center for Economic Growth analysis of U.S. Census
The National Telecommunications and Information Administration (NTIA) has identified 27 Census tracts in the Capital Region indicating a need for broadband due to their low Internet access and/or slow upload and download speeds, according to a Center for Economic Growth (CEG) analysis of the NTIA’s new Indicators of Broadband Need
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
Intellectual Property is a common question among companies creating new projects, new services, or rebranding. Here are some things to keep in mind that were shared by Heslin Rothenberg Farley & Mesiti. There are different types of IP. A patent protects an invention, a trademark protects
