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: Venture B session to hear presentation of semiconductor planarization
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
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
Nearly 250 lenders approved $1.6 billion in Paycheck Protection Program (PPP) loans for Capital Region businesses, with the construction, healthcare and social assistance, and professional and technical services sectors receiving the most in relief funds. KeyBank emerged as the eight-county region’s leading PPP lender, with its total loan amount and
The grand prize winner of the Center for Economic Growth’s Pitch Your Pivot Competition is an education and equity consulting firm that expanded its prospective client base during the pandemic by evolving into a Wellness, Inclusion, Diversity and Equity (WIDE) strategy service provider for nonprofits and corporations. The startup has
Amid COVID-19, NYS Business Applications Surge to Record High in Q3 ALBANY, NEW YORK – New U.S. Census Bureau data reveals that just before the onset of the coronavirus pandemic, the Capital Region had seen the fastest growth in applications to form businesses over the last five years out of
Amid the economic crisis sparked by the coronavirus pandemic, more than 8,000 of Capital Region businesses received more than $442 million1 in Economic Injury Disaster Assistance Loans (EDIL) from the U.S. Small Business Administration (SBA), according to a Center for Economic Growth (CEG) analysis of new data from USAspending.gov. The
HVCC has highest 5-year, post-grad employment rate among NYS community colleges, SUNY ADK has 3rd About four in five Capital Region SUNY school graduates who were employed five years after receiving an associate’s or bachelor’s degree were still living in New York, according to a Center for Economic Growth (CEG)
Last year Timothy M. Williamson began working with two partners to resolve a problem that had been running up costs and hurting efficiency at a high tech production facility. The problems consisted of hold ups, labor costs and down production due to the unavailability of parts and operations manuals for
FOR IMMEDIATE RELEASE ALBANY, NEW YORK – The Center for Economic Growth (CEG) is pleased to announce that Katie Newcombe has been named its new Chief Economic Development Officer. She comes to CEG with more than a decade of experience in economic development, spanning multiple states and public, private and
