April 12 2024
Entrepreneurship

Startup Tech Valley Returns amid Burst of Entrepreneurial Activity

Startup Tech Valley is returning to spotlight Capital Region tech entrepreneurs after a four-year hiatus triggered by the pandemic. The relaunch of the Startup Tech Valley series comes amid a burst of entrepreneurial activity in the region, with several local startups receiving their first federal research grants or contracts or

April 5 2024
News

CEG Economic Development Week in Review April 1-April 5, 2024

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:   REGIONAL ECONOMIC DEVELOPMENT NEWS New Queensbury apartments under construction to meet high demand “A

March 29 2024
News

CEG Economic Development Week in Review March 25 – March 29, 2024

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:   REGIONAL ECONOMIC DEVELOPMENT NEWS Electric City Community Grocery could anchor downtown Schenectady development “A

March 22 2024
News

CEG Economic Development Week in Review March 18 – March 22, 2024

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 NY CREATES: NY CREATES Featured in CEG News Release: Capital

March 18 2024
General

Capital Region County Economic Profiles – 2024

  See CEG’s latest county 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.  The following county economic profiles are available for download:          

March 15 2024
News

CEG In The News: February 2024

 See the below articles from the past month for news about CEG: CEG Announcements/Op-eds/Media Mentions ABC News 10: How much are Capital Region roads costing drivers? Wind Systems Management: Assessment: Offshore wind at NY ports will provide many jobs Daily Gazette: Officials react to investment in GlobalFoundries expansion Saratogian: GlobalFoundries

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

March 15 2024
Software/Gaming/IT

Capital Region Digital Gaming Cluster Stays 500 Strong

20 studios 510 workers Large studio employment at 476 with 25% working remotely outside NYS New studios: Yurisoft, MiniTuna Studios New office: Rushdown Studios at 19 Railroad Pl. in Saratoga Springs ALBANY, NEW YORK – Capital Region video game studios have managed to hold the line and keep their regional

March 15 2024
Regional/County Profiles

Adjusted Gross Income Grows by $6.6B in Capital Region, $1.8B in Downtown Saratoga

Between 2020 and 2021, the adjusted gross income (AGI) income of Capital Region taxpayers increased by $6.6 billion – with nearly a third of that gain being concentrated in the Saratoga Springs 12866 ZIP code. While higher wages and salaries and capital gains drove up the region’s AGI, the number

March 15 2024
News

CEG Economic Development Week in Review March 11 – March 15, 2024

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 WNYT News 13: Capital Region farming space drop   REGIONAL

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