Accelerate Update Two years after announcing the Accelerate Capital Campaign, CEG continues to see new companies and regional organizations becoming investors and helping shape the Capital Region’s economy. Our newest investors are: • Bender Lane Advisory • BestPass Inc. • Black Chamber of Commerce • The Bonadio Group •
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 Times Union: Saratoga Springs to host semiconductor conference in October Business
Three of New York’s top 10 fastest-growing cities were in the Capital Region in 2017. Even more, on a year-over-year basis, the eight-county region also housed the state’s second and third fastest-growing towns and fastest-growing village, according to a Center for Economic Growth (CEG) analysis of new U.S. Census Bureau
The area’s homeownership rate last year rose for the first time since 2010. The uptick in this rate may provide clues to the area’s coinciding increase in its unemployment rate for the first time in six years, though economists remain divided over whether there is not only correlative but also
Residents of the Capital Region and its outlying counties are increasingly crossing county and state lines – and traveling longer – to get to work. At the same time, greater shares of workers in the region’s neighboring counties in Massachusetts and Vermont are likewise commuting across state lines. Taken together,
A long-awaited economic impact study released earlier this spring reached a conclusion that by now is not surprising to many in the Capital Region. The report’s authors, a Georgetown University research professor (Charles W. Wessner) and a semiconductor industry attorney, (Thomas R. Howell), said the economic payoffs of New York’s
What is the Capital Region? The answer largely depends on who is asking and why. Are its boundaries being drawn to serve the purpose of a commercial market, community planning, tourism, standardized statistical reporting or economic development? With so many regional definitions circulating, it is easy to confuse them and
Women working full-time in the Albany-Schenectady-Troy metropolitan statistical area (MSA) face the smallest pay gap in upstate New York and the fourth smallest in the Northeast. Even more, those working in the local management, utilities and manufacturing sectors are closest to earning as much – if not more – than
CEG has much planned for the coming months, including our 22nd Annual Technology Awards at the Rivers Casino. We are accepting nominations until April 27. If you know any tech startups, innovators, trailblazers, economic winners and against-the-odds success stories, nominate them today. Submit your nominations here. Registration for the June
In September 2014, Colleen Costello was in the midst of taking her anti-bacterial lighting system startup, Vital Vio, to the next level. That summer the company, founded two years earlier by Costello and her fellow Rensselaer Polytechnic Institute (RPI) alumnus James Peterson, was in the process of tripling its three-person
