COVID-19 did not damper the spirit of the Capital Region’s craft beverage industry, which over the past two years has seen a 47.7 percent increase in active licenses for manufacturers, according to a Center for Economic Growth (CEG) analysis of New York State Liquor Authority data. As of August, the
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
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
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
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
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
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.
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
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
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
