August 30 2021
Manufacturing, News

STEM Careers: Manufacturing Awareness Campaign RFP

1. Purpose The Center for Economic Growth (CEG), Business Growth Solutions Group and Regional Manufacturing Extension Partnership Center is seeking proposals from qualified and experienced marketing and media firms to support up to 10 regional manufacturers in development and deployment of STEM Career videos and related content targeted towards middle

August 23 2021
Clean Technology, News

CEG Launches Capital Region’s Largest Offshore Wind Industry Attraction Initiative at IPF

ALBANY, NEW YORK – The Center for Economic Growth (CEG) on Tuesday will join several regional partners to launch its biggest in-person industry attraction initiative to attract offshore wind (OSW) development to the Capital Region and beyond in New York State. From Tuesday through Thursday (August 24-26), CEG will promote

August 13 2021
Biotechnology/Life Sciences/Pharmaceuticals, Education/Training

Capital Region STEM Degree Awards Rise amid Pandemic, Boosted by Life Sciences

The life sciences vitalized the Capital Region’s STEM talent pipeline during the pandemic. In 2020, the eight-county region’s traditional colleges and universities saw an 8.3 percent increase in science, technology, engineering and mathematics (STEM) degrees1 – boosted by sizeable gains in biological and biomedical sciences degree awards at the University

August 13 2021
Entrepreneurship

Capital Region is a top contender for venture capital investment among mid-sized Northeast metros

While venture capital tends to concentrate in large metros such as New York City and Boston, businesses in the Albany metro area are faring better at attracting VC investment better than those in their mid-sized counterparts in the Northeast, according to a Center for Economic Growth analysis of U.S. Census

August 10 2021
General, Manufacturing

Success Story: PVA Achieves Rapid Growth and Manages its Stresses with CEG’s Help

The Situation Precision Valve & Automation (PVA) is a manufacturer of fluid dispensing solutions and custom automation products. Its automated dispensing, coating, curing, board handling and printing systems are used by an array of industries, including from solar, semiconductor packaging, printed circuit board assembly, medical device manufacturing, and consumer electronics.

July 23 2021
Economic Analysis, Entrepreneurship, Regional/County Profiles

27 Capital Region Census Tracts with Indications of Broadband Need: NTIA

The National Telecommunications and Information Administration (NTIA) has identified 27 Census tracts in the Capital Region indicating a need for broadband due to their low Internet access and/or slow upload and download speeds, according to a Center for Economic Growth (CEG) analysis of the NTIA’s new Indicators of Broadband Need

July 23 2021
Economic Analysis, Employment/Workforce

Capital Region’s 2020 Wage Growth Was Strongest in NY, RensCo’s Strongest in Northeast

The Capital Region emerged as the only one of New York’s 10 economic development regions to see growth in total annual wages in 2020. The Capital Region also sustained the smallest percentage of job losses in the state last year. Even more, Rensselaer County’s wage growth was the strongest in

July 23 2021
Economic Analysis, Entrepreneurship, Regional/County Profiles

Capital Region Business Formation Increased through Pandemic

Business formation continued in the Capital Region throughout 2020 and despite the pandemic. Last year, 9,456 applications to form a business were filed in the eight-county Capital Region, up by 295 (3.2 percent) from the previous year, according to a Center for Economic Growth (CEG) analysis of new U.S. Census

June 23 2021
Clean Technology

Wind Energy R&D Concentrates in NY’s Capital Region

As the Capital Region emerges as a leading East Coast offshore wind (OSW) component manufacturing hub, the area is already at the forefront of wind energy R&D. In 2020, one in 12 wind energy patents awarded by the U.S. Patent and Trademark Office (PTO) listed an inventor from the Capital

June 23 2021
Regional/County Profiles

The Capital Region Gained and Lost the Most Wealth from These Counties

The Capital Region’s ability to attract higher-earning taxpayers helped offset a small contraction in its base of individual income tax filers in 2019, resulting in an annual net gain of wealth, as measured by adjusted gross income (AGI), according to a Center for Economic Growth analysis of new Internal Revenue

Funding Partners