January 7 2022

Week in Review: January 3 – 7, 2022

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: Down to Business: Disaster is difficult for businesses to plan for

Times Union: Grants and loans still available to Capital Region businesses as pandemic recovery soldiers on



Hudson seeks development partner for city-owned sites

“City officials are looking for affordable housing developers to complete a request for

qualifications proposal that will identify whether potential partners are interested in leasing or purchasing one or more of five city-owned development sites.

The sites recognized as best fit for affordable housing are mostly vacant lots throughout the city. One is

used as a parking lot across the street from the historic Hudson Almshouse.”

New Wadsworth Center lab in Albany gets support from Gov. Kathy Hochul

“Gov. Kathy Hochul on Wednesday committed to rebuilding New York’s public health lab in Albany into a “world-class campus,” a significant step forward for a project that has been delayed for years.

The governor’s first State of the State speech since taking over in August after the resignation of former Gov. Andrew Cuomo included a promise to “rebuild” the Wadsworth Center, an assortment of aging, cramped labs in the area that provide vital public health services, including fighting the Covid-19 pandemic.”

GE Research partnering with NASA on Venus spacecraft

“Scientists at GE Research in Niskayuna are trying to get their tickets stamped to Venus.

NASA recently awarded GE Research a three-year, $1.7 million grant to develop an ultraviolet imaging device that would be used on a NASA mission to Venus within the next decade.”

Albany Inno – Ohio health startup with $50M in capital enters Capital Region with goal of transforming care

“Dr. Jacob Reider is taking a big leap toward transforming the delivery of health care in the Capital Region.

On the heels of stepping down as CEO of Alliance For Better Health, he has plans to open at least four physician offices and hire at least 50 workers in the Capital Region in the first half of 2022 to help him reach that goal.”

Funding Partners