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

June 22 2021
Employment/Workforce, Regional/County Profiles

Green Island is NY’s Fastest-Growing Town and Village

Amid the pandemic and as a transformative redevelopment project neared completion on Starbuck Island, Green Island emerged as New York’s fastest-growing town and village in 2020. Three more towns and three more villages from the Capital Region also ranked among state state’s fastest-growing communities, according to a Center for Economic

June 22 2021
General

REDC Round XI CFA Process Open for Capital Region Businesses, Deadline Nears

Capital Region businesses have until July 30 to submit a consolidated funding application (CFA) for several state agency programs participating in Round XI of the Regional Economic Development Council (REDC) process. This year, the Capital Region Economic Development Council (CREDC) will be assessing CFA based on their project readiness, potential

June 21 2021
Research & Development

The Research Connection – May, 2021: Artificial Intelligence/Machine Learning Edition

Featured university R&D projects: The Rensselaer-IBM Artificial Intelligence Research Collaboration Combating Fake News with Artificial Intelligence Combining Neuroimaging and Artificial Intelligence to Help Veterans Applying AI Research to COVID reopening plans Empowering Health Care Facilities to Monetize Efficiency A New Tool to Detect Deepfakes AI-Guided Robots Potential Solution for Plastic

June 3 2021
Biotechnology/Life Sciences/Pharmaceuticals, News

Capital Region Cancer Research to Sponsor Precision Medicine Symposium on June 11

FOR IMMEDIATE RELEASE ALBANY, NEW YORK – The Capital Region Cancer Research group (CRCR) on June 11 will sponsor a symposium as part of their CRCR New Frontiers Series, entitled “Precision Medicine in Cancer Treatment and Prevention.” This virtual event will be held from 9 a.m. to 2:30 p.m. and

May 12 2021
Regional/County Profiles

These 3 Capital Region Counties Boosted Domestic Migration in 2020

Faced with slowing international migration and a widening gap between births and deaths, the Capital Region sustained a slight annual population decline in 2020 – the smallest in the state. However, at the same time, the region housed the state’s fastest-growing county and three of New York’s seven counties that

May 12 2021
Regional/County Profiles

Hudson Has 3rd Highest Percentage of Same-Sex Couple Households among Micropolitan Areas

New York’s Capital Region is a leading location for same-sex couples. Among micropolitan statistical areas (µSAs), the Hudson µSA has the third greatest percentage of same-sex couple households1 of all coupled households. Even more, among mid-sized metropolitan statistical areas (MSAs),2 the  Albany-Schenectady-Troy MSA has the 37th highest percentage of  same-sex

May 12 2021
Economic Analysis

Capital Region Sees NY’s Biggest Increase in Single-Family Building Permits

Amid the pandemic in 2020, Capital Region single-family building permits grew at their fastest rate in 12 years. Even more, the eight-county region saw New York’s biggest year-over-year increase in the number of authorized single-family building permits, according to a Center for Economic Growth (CEG) analysis of U.S. Census Bureau

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