October 17 2022

AI-Related Federal Spending Doubles in Capital Region, Driven by UAlbany R&D

The federal government last fiscal year nearly doubled the amount of prime contract and grant funding it awarded for artificial intelligence (AI)-related research performed in the Capital Region, according to a Center for Economic Growth (CEG) analysis of data on USASpending.gov. This influx of federal funding comes amid a rapid

March 11 2022
News, Software/Gaming/IT

Week in Review: March 7 – March 11, 2022

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: CEGIN THE NEWS WNYT News 13: Capital Region institutions get more funding for COVID-related research

March 7 2022
News, Regional/County Profiles, Software/Gaming/IT

Capital Region Digital Gaming Cluster Adds Jobs, Blockbuster Games & Esports Facilities

  24 studios 513 workers Large studio employment up 5.5% to 460 New fast-growing studio: Rushdown Studios 352 students in game design & development programs 346 students playing in national collegiate esports leagues New esports facilities coming to UAlbany, RPI   ALBANY, NEW YORK – The Capital Region’s Digital Gaming

January 10 2022

Capital Region Digital Gaming Cluster Racks up Video Game Patents

Velan Studios Scores 1st Patent, 10% of Activision’s Patents List Capital Region Inventors The Capital Region’s Digital Gaming Cluster is emerging not only as the developer of some of the industry’s biggest titles but also a leading innovator of patented video game technologies. In the last three years, the region

October 18 2021
Advanced Materials, Biotechnology/Life Sciences/Pharmaceuticals, Clean Technology, Employment/Workforce, General, Manufacturing, Nanotechnology, R&D, Software/Gaming/IT

Capital Region Industry Fliers – 2021

See CEG’s latest industry profiles below. These new promotional materials provide business leaders and talent with insights into the strength of the regional economy and why they should relocate or expand here. Select the link on each image to download the flyer. The following industry fliers are available for download:

September 8 2021

Capital Region is Active in AI R&D

IBM’s announcement last month of its new Telum processor developed at its new research center at the Albany Nanoplex Complex is just one example of how the Capital Region is making its mark in artificial intelligence (AI) R&D. Local institutions are participating in major AI research projects funded by the

March 16 2021
News, Software/Gaming/IT

Capital Region’s Digital Gaming Cluster Gets One-Up in Lockdown, Large Studios Grew by 16%

FOR IMMEDIATE RELEASE CEG Launches GameOnNY.Org to Attract Game Development Investment, Studios and Talent ALBANY, NEW YORK – The Capital Region’s large digital gaming studios grew their employment by 16 percent over the past year as the pandemic stoked demand for video games. The local community of indie studios also

November 13 2020
General, Manufacturing, Software/Gaming/IT

Success Story: QTH 54 Software Brings Efficiencies to Simmons Machine Tool Corporation

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

July 16 2020
Advanced Materials, Biotechnology/Life Sciences/Pharmaceuticals, Clean Technology, Creative/Agriculture/Food, Economic Analysis, Employment/Workforce, General, Manufacturing, Nanotechnology, Regional/County Profiles, Software/Gaming/IT, Tourism, Trade/Transportation

Industry Assets & Economic Profiles

See CEG’s latest industry attraction promotional reports on key industry clusters and regional/county profiles. Between 2015 and 2019, CEG promoted the Capital Region at 78 industry attraction events in 41 cities worldwide. While the coronavirus pandemic has temporarily halted CEG’s travel to conferences, we continue to represent the region at

March 19 2020
News, Software/Gaming/IT

Capital Region Digital Gaming Studios Keep People Connected

FOR IMMEDIATE RELEASE March 19, 2020 ALBANY, NEW YORK – Several Capital Region digital gaming studios are playing an important role in supporting the online networks that are keeping a rapidly growing number of people connected. Helping these large studios and others in the region rise to the occasion is an 8.3

Funding Partners