November 4 2022

Week in Review: October 31, 2022 – November 4 28, 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:


WNYT: Federal government increases AI investment in Capital Region



Building To House Farmers’ Market Will Be Curved, With Plenty Of Room For Activities

“Plans for the building at South and Elm streets in Glens Falls that will be home to the Farmers’ Market and other community events have changed over time.

So have the costs that started a few years ago at about $2.8 million and are now upward of $4 million.

But plans are moving forward toward a building that its designers say will be a unique, cherished downtown center. Devon Telberg of Envision Architects and Peter Loyola, principal of CLA Site Landscape Architecture, Engineering & Planning outlined the latest plan to the City Planning Board on Oct. 4.”

Albany Airport pursuing $352 million capital plan

“An Albany County Legislature committee approved an $172 million amendment to Albany International Airport’s capital plan.

The five-year, $352 million plan lays out a number of changes, include a $100 million terminal expansion and the potential addition of two new gates. The full legislature will vote on the plan at its November meeting.”

Albany Inno – Albany startup aims to be one-stop shop for software and hardware development

“What do SpaceX, Google, and Albany High School have in common?

Tech startup Superluminal.

The Albany-based company draws on the experience its members gained working at major tech companies like SpaceX, Google and SoundCloud — along with their original shared experience on the robotics team at Albany High School — to combine software development and physical product development.”

Niskayuna GE Research site to receive $6 million in federal development funding

“The General Electric Research facility in Niskayuna is set to receive $6.4 million in federal funding to develop cutting edge nuclear fuel reprocessing technology.

GE Research is one of 12 development hubs nationwide selected to receive funding from the U.S. Department of Energy to devise tech to reduce the impacts of light-water reactor used nuclear fuel (UNF) disposal.”

Schuylerville’s King Brothers Dairy will fuel NYC marathoners

“Gatorade and gel-packs aren’t the only thing that runners will be consuming after Sunday’s New York City Marathon.

King Brothers Dairy, the Saratoga County-based farm and bottler, is sending 5,000 bottles of chocolate milk to dairy promoters who will give them to female runners after the race.”

Funding Partners