Times Union By: Larry Rulison Albany- Despite the fact that General Electric Co., GlobalFoundries and companies like SI Group have all downsized their local operations in recent years, the Capital Region is an emerging force when it comes to corporate research and development spending. That’s according to the Center for
The Capital Region is one of less than 50 metro areas nationwide where businesses spend more than $1 billion on R&D annually, according to new data from the National Center for Science and Engineering Statistics (NCSES). R&D Spending In 2015, businesses in the five-county Albany-Schenectady-Troy metropolitan statistical area (MSA) spent
The federal government awarded 34 percent more in seed funding to Capital Region startups and other small business in fiscal 2018, according to a Center for Economic Growth (CEG) analysis of data on SBIR.gov. Awards Fifteen firms in the eight-county region received $17 million in Small Business Innovation Research (SBIR)
Featured R&D projects: Using Nanotechnology to Reduce Drug Development Costs Creating Nanoscale “Synapses” Exploring Energy Storage at the Nanoscale Paving the Way for More Advanced Computer Technologies Using Pressure to Alter Semiconductor Properties Studying Hydrodynamic Behavior of Electrons in Graphene Paving the Way for Fast-Charging, Better Performing Lithium-Ion Batteries Advanced
As Earth Day approaches, Capital Region researchers are doing their part to honor and advance the purpose of the annual event through innovation. In fact, in 2018, inventors in the eight-county Capital Region were listed on more than 200 patents for technologies or applications for mitigation or adaption against climate
The Capital Region continues to maintain a vast footprint of academic research and development space, and it is poised to get bigger with new construction projects underway at the University at Albany and Union College and another planned at SUNY Polytechnic Institute, according to a Center for Economic Growth (CEG)
Featured R&D projects: Next Generation Power Grid Monitoring Synthetic Jet and Smart Blades Have the Potential to Expand Wind Energy Modeling Strategies for Overhauling the Aging Power Grid Designing a more recyclable plastic Locally grown renewable energy Next generation batteries New York’s Largest Battery Storage Project Horizontal Ribbon Growth of
Capital Region inventors continued to increase their share of semiconductor device-related patents issued nationwide in 2018. Last year, 1,302 of the total 25,170 semiconductor device-related patents issued by the U.S. Patent and Trademark Office (PTO) listed a Capital Region inventor. That means that 5.2 percent of all U.S. semiconductor innovation
Times Union By: Diego Mendoza-Moyers The Capital Region saw a significant jump in funding for biotech research last year from the National Institutes of Health — an increase that has allowed several local research projects to flourish into 2019, according to the Albany-based Center for Economic Growth, a regional economic development
The Capital Region’s biotech sector saw a 13.5 percent year-over-year increase in National Institutes of Health (NIH) awards in fiscal 2018. Between 20 firms and institutions, the region received 154 awards totaling $62 million. That was the eight-county region’s largest amount of NIH since fiscal 2013, according to a Center
