March 15 2024
Employment/Workforce, Research & Development

Capital Region Tech R&D Industry Sets New Employment Record

Employment in the Capital Region’s high-tech R&D industry last summer surpassed an 18-year high, with Albany County driving that growth. This employment growth follows increases in R&D spending by local universities and businesses in the eight-county region, according to a Center for Economic Growth (CEG) analysis of data from the

February 13 2024
Research & Development, Software/Gaming/IT

Capital Region Emerges as a Top AI Innovation Market

As the University at Albany and Rensselaer Polytechnic Institute ramp up their artificial intelligence and quantum computing capabilities, the Capital Region is already emerging as a top AI innovation market that continues to attract millions in federally funded, AI-related R&D. Between 2010 and 2022, the U.S. Patent and Trademark Office

January 12 2024
Biotechnology/Life Sciences/Pharmaceuticals, Research & Development

$58M in NIH Funding Awarded in Capital Region for R&D

Two Capital Region startups received their first research grants from the National Institutes of Health (NIH) in fiscal 2023, and the area’s two largest universities also received their largest amounts of NIH funding in several years, according to a Center for Economic Growth (CEG) analysis of data from the NIH

November 14 2023
Research & Development

Capital Region Small Businesses Receive $16M in Federal R&D Seed Funding

Capital Region tech firms received nearly $16 million in federal seed funds for R&D projects. The research projects ranged from composites for unmanned aircraft and hydrogen turbines, aerodynamic sensor tape for offshore wind turbines, and an open-source artificial intelligence software infrastructure for science that is designed for researchers, according to

June 12 2023
Clean Technology, Nanotechnology, Research & Development

Schenectady County Ranks 2nd in US for Patenting Intensity

Living up to its claim as being the “birthplace of innovation,” Schenectady County ranks second in the nation for utility patenting intensity over the past two decades. And throughout the Capital Region, inventors are especially productive when it comes to generating patents for semiconductor and environmental technologies , according to

May 16 2023
Nanotechnology, Research & Development

Albany Retains Seat Among $1B Biz R&D Metros

80+ Companies from 18 States and 13 Countries Assigned Patents Listing Local Inventors The Capital Region continues to rank among the nation’s billion-dollar class of metropolitan statistical areas (MSAs) for business research and development spending, according to new study from the National Center for Science and Engineering Statistics (NCSES). And

April 17 2023
News, Regional/County Profiles, Research & Development

CEG Economic Development Week in Review April 10 – April 14, 2023

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 Troy Record: Capital Region digital gaming cluster stays 500 strong, with

April 11 2023
News, Regional/County Profiles, Research & Development

Capital Region Population Growth Steady in 2022, Saratoga County 2nd Fastest in NY

New U.S. Census Bureau estimates show Saratoga County was New York’s second fastest-growing county in 2022. Additionally, Saratoga, Warren and Washington counties were three of only 10 New York counties to see domestic migration growth over the year, according to a Center for Economic Growth (CEG) analysis of new U.S.

April 11 2023
Employment/Workforce, News, Research & Development

The Capital Region Sectors that Are Attracting More Workers from Other Sectors

As employers struggle to fill jobs, Capital Region manufacturers, retailers and warehousing operators are having better success at attracting workers from other sectors than they did before the pandemic, when compared to employers in healthcare and construction, according to a Center for Economic Growth (CEG).   Fewer Job Flows In

April 11 2023
Employment/Workforce, News, Research & Development

Capital Region’s Sand and Gravel Mining Industry Grows to 3rd Largest in US

      Sand and gravel mining operations for Callanan Industries (left), R.J. Valente (right).   As road crews head out this spring to work on roads and other construction projects, they are being supported by a mining industry in the Capital Region that has grown to one of the

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