June 22 2021
General

REDC Round XI CFA Process Open for Capital Region Businesses, Deadline Nears

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

April 6 2021
Employment/Workforce, General, Regional/County Profiles

Capital Region Unveils Brand & Talent Attraction Campaign

Partnership between Center for Economic Growth & Alliance for the CreativeEconomy, others, worked to develop key elements (Albany, N.Y.) – The Center for Economic Growth (CEG) and Alliance for the CreativeEconomy (ACE) partnered to develop a brand and tagline to help create an identity forthe region, celebrate pride of place,

March 15 2021
Employment/Workforce, General, Regional/County Profiles

The Capital Region Sectors that Bounced Back the Most Last Summer

By the end of summer, Capital Region clothing stores and personal service providers such as hair and beauty salons experienced the biggest employment rebounds while food services and beverage places, such as restaurants, sustained the heaviest job losses, according to a Center for Economic Growth analysis of new data from

February 11 2021
General

How Much More Did Travelers Spend in the Capital Region before COVID?

Traveler spending in the Capital Region’s tourism industry grew at a slower pace in 2019, but it still outpaced seven of the state’s 10 economic development regions, according to a Center for Economic Growth (CEG) analysis of New York State Economic Development Corp. statistics. In 2019, travelers to the eight-county

February 11 2021
General, Research & Development

Businesses Spent This Much More on R&D at Capital Region Colleges and Universities

R&D funded by businesses up 51% at RPI, 39% at SUNY Poly Increased business funding helped fuel a 6.9 percent increase in research and development spending at Capital Region colleges and universities in 2019, according to a Center for Economic Growth (CEG) analysis of new data from that National Center

February 11 2021
General, Nanotechnology

These Semiconductor Startups Drove the Capital Region to an NSF Seed Funding Record

The federal agency chiefly responsible for driving innovation and commercialization in the private marketplace awarded a record sum of seed funding to Capital Region startups in fiscal 2020, with advanced-stage semiconductor R&D boosting the award total, according to a Center for Economic Growth (CEG) analysis of preliminary data from the

January 14 2021
Economic Analysis, General, Regional/County Profiles

Capital Region’s Productivity Hit 14-Year High in 2019

Just before the pandemic, the Capital Region experienced its strongest gross regional product (GRP) growth in 14 years, with a jump in productivity in the Glens Falls metropolitan statistical area (MSA) pushing the annual output total over the top, according to a Center for Economic Growth (CEG) analysis of new

January 12 2021
Biotechnology/Life Sciences/Pharmaceuticals, General, News, Research & Development

Capital Region Nets $81.5M in NIH Awards – Most in 12 Years

FOR IMMEDIATE RELEASE GE Research receives record amount of NIH awards, Union prof’s neuro-exergame in clinical trials   ALBANY, NEW YORK – In fiscal 2020, the Capital Region’s Life Sciences Cluster received its greatest amount of National Institutes of Health (NIH) awards in 12 years, when adjusting for inflation. The

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