January 9 2023

Week in Review: January 2, 2023-January 6, 2023

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:


Daily Gazette: Report: Schenectady, Saratoga counties’ market value grew in 2021

WTEN News 10: Capital Region Chamber announces 2023 officers

Daily Gazette: Capital Region Chamber names 2023 board members



CanCode Communities signs training deal with CUNY in NYC

“CanCode Communities, an Albany workforce training nonprofit that trains non-traditional students in software programming, is partnering with The City University of New York system for the first time to offer classes in New York City.

CanCode Communities has opened registration for a Python for Data Analytics class that starts Jan. 24 at  Kingsborough Community College in Brooklyn.”

David Dussault and P1 Industries work to bring manufacturing jobs back to Schenectady

“As he spent the past 16 years building a staff of 104 employees at his Schenectady manufacturing company, P1 Industries, Dussault discovered many of his most skilled machinists had something in common.

One characteristic Dussault and his Schenectady shop manager Joel Lape believe has translated into the most success on the factory floor is that many of their machinists grew up fixing tractors, trucks and motors while working on their family farm. A quick trip around the P1 plant and you’ll find machine operators and programmers who were raised on pig, dairy, fruit and vegetable farms.”

Rocket Science receives over $1M in state assistance for new Glenville studio

“Rocket Science, a video game development company building out its headquarters in Glenville, was awarded more than $1.4 million from Empire State Development.

The company, which fulfills development contracts for other video game companies, received over $1.2 million in performance-based tax credits for the creation of 30 jobs and a $200,000 grant for construction and renovation costs related to the development of the Capital District Gaming Studio, a video game incubator and game developer certification facility that will be connected to SUNY Schenectady and the University at Albany.”

Troy seeking way to revive old industrial site

“A historic chunk of South Troy’s crumbling iron industry has been targeted for demolition to make way for modern manufacturing.

The Sperry Building, once part of the sprawling Burden Iron Works, could be razed to clear a six-acre site for light industrial businesses and new jobs.”


Funding Partners