October 16 2020

Week in Review: October 12 – October 16, 2020

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: With many in Capital Region still working remotely, future office space configurations remain unknown  

A pile of patents helps Capital Region stake out its place in the world of semiconductor R&D

Times Union: Semiconductor innovation continues to drive Capital Region economy

Friday’s Flavor: & KeyBank Business Boost & Build  


Albany region companies landed $11.3 million in innovation grants last year

“Kitware got $3.8 million in federal Small Business Innovation Research funding last year, more than any other company in the Capital Region.

Thirteen companies in the Albany region got Small Business Innovation Research and Small Business Technology Transfer funds in 2019, for a total of $11.3 million. The SBIR program helps small businesses meet the federal government’s research and development needs, while the STTR program advances technology transfer from research institutions to startups.”

Facing stiff competition for employees, Kitware grows its own talent

“Kitware has added more than 20 people in the past 18 months, totaling 172 across the country, but it’s not enough.

“We need more people than we can find,” said Lisa Avila, CEO of the software company headquartered in Clifton Park.”

New hope for economic development in Ballston Spa

“The Sans Souci Spring fountain is flowing again in Wiswall Park.

The repair of the piping for the mineral water spring, which was once — more than two centuries ago — the central feature of the nation’s largest resort hotel, was highlighted Wednesday, as Ballston Spa village leaders unveiled a new economic development plan for the community, following a year of work.”

SUNY Poly professor awarded $50,000 by NSF

“SUNY Polytechnic Institute professor Gregory Denbeaux has been awarded a $50,000 grant from the National Science Foundation for developing a new way to do 3D printing of pure alloys.

Denbeaux and three of his students discovered a new additive manufacturing process for metals that SUNY Poly says could be “transformative.” Alloys contain two or more elements.”

Researchers show Crystal IS’s lighting tech inactivates Covid-19 virus

“Research at Boston University’s National Emerging Infectious Diseases Laboratories has shown the Klaran UVC LEDs made by Crystal IS can inactivate the SARS-CoV-2 virus, which causes the Covid-19 disease.

“It’s not much of a surprise for us, but UVC LEDs are new, and the virus is a big problem, so people needed that assurance. So now we’ve got that,” said Larry Felton, president of Crystal IS, which is based in Green Island.”

New marine technology training program to begin in January

“A new training program for adults interested in working as entry-level marine service technicians will be offered this January, in response to the demand of employers in the Capital Region.

The program, which is offered by the Employment Training for Adults division of WSWHE BOCES, will be 120 hours total and include training for tasks related to basic engine theory, seasonal boat preparation, safety, shrink wrapping, and trailer repair and trailering.”

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