As home to a dynamic convergence of innovation, R&D and manufacturing, NY’s Capital Region has emerged as a major global hub for development, commercialization and production of advanced electronics and semiconductors. Scores of industry leading companies and emerging firms are conducting R&D and commercialization at SUNY Polytechnic’s Albany Nanotech Complex and at Rensselaer Polytechnic Institute. Home to GLOBALFOUNDRIES’ Fab 8, thousands of skilled professionals are developing and producing next generation technology here that power and connect our lives in the global marketplace.
Sample companies: GLOBALFOUNDRIES, Tokyo Electron, Free Form Fibers
Off-Shore Wind & Clean Energy
Home to New York’s northern-most, year round seaport with critical rail connections, and located at the nexus of interstates 87 and 90 providing accessibility to multi-state supply chains, the Capital Region stands as a strategic offshore wind component manufacturing and staging location. In addition to off-shore wind development, the Capital Region supports advancements in additional clean energy sub-sectors including solar, battery/storage, geothermal and smart grid.
Highlights: New York ranks second for cleantech patents, first for wind patents and fifth for U.S. Department of Energy R&D funding.
Sample companies: GE, Plug Power, Espey Mfg. & Electronics
The Capital Region has been making waves in the digital game industry for more than two decades. It is the home of Vicarious Visions [acquired by Activision in 2005], which worked on Guitar Hero III: Legends of Rock, the industry’s first billion-dollar title. In addition to prominent studios, the gaming cluster has a broad and vibrant ecosystem of independent studios and startups.
Highlights: $9.88M in private investment since 2016; NYS ESD $220.000 investment in Digital Gaming Hub at Rensselaer Polytechnic Institute
Sample companies: Vicarious Visions, PubG Madglory, WB Games