Center for Economic Growth

Center for Economic Growth Grow. Attract. Prepare. These have been the guiding principles of the Center For Economic Growth (CEG) since its inception.
Since 1987, the Center for Economic Growth (CEG) has been committed to fostering visionary economic growth throughout the 11-county Capital Region, as well as a significant portion of the Tech Valley corridor. As a private, not-for-profit organization we work with a diverse group of members and partners to advance the ability of the region and its assets to succeed in the global marketplace. With a focused and strategic approach we work to: GROW local companies by offering tactical business development strategies and services; ATTRACT opportunities for technology investment and expansion throughout Tech Valley and PREPARE communities to achieve their desired economic growth while enhancing the region’s excellent quality of life. In addition to support from its dedicated members, CEG receives funding and resources from the NYS Foundation for Science, Technology and Innovation (NYSTAR), New York’s high-technology economic development agency, the National Institute of Standards and Technology (NIST) / Manufacturing Extension Partnership (MEP) and National Grid.

Since our inception three decades ago, the CEG has been at the forefront of progressive economic initiatives and active policy discussions bettering the lives of more than 1 million area residents. At the CEG, we actively collaborate with our partners to shape the future of our communities, and to provide the pathways necessary to achieve – even exceed – our goals. In a nutshell, we’re advancing visionary policies and advocating for transformational change. As part of our local community, we know, as you do, that ours is an ideal place for families to live, work and play: our goal is to build on these cornerstones and boost the region to reaching its outstanding potential.

Mission:

To understand the full economic impact of COVID-19 in Rensselaer County, the Countywide Pandemic Response Committee has ...
05/01/2020

To understand the full economic impact of COVID-19 in Rensselaer County, the Countywide Pandemic Response Committee has released a business impact survey and requests all businesses, nonprofits, and sole proprietors in Rensselaer County to respond. Please take a few minutes to complete the business impact survey at https://forms.gle/pNjvaDx6UD2iben66

This Business Review article mentions CEG & Upstate Alliance for the Creative Economy & details how the region’s #creati...
05/01/2020
Albany region creatives, freelancers face ultimate test during Covid-19 pandemic - Albany Business Review

This Business Review article mentions CEG & Upstate Alliance for the Creative Economy & details how the region’s #creatives & #freelancers were already accustomed to working without a net. But the pandemic has upped the challenge dramatically. https://bit.ly/3fb13ZS #CapitalRegionResilience

The freelancers and small business owners who make up the #Albany region's creative economy may be experts of managing inconsistent income, but the #coronavirus crisis has become the ultimate test of their resiliency.

The Times Union showcased the Capital Region #Creatives in #Quarantine Gallery, an online collection of local #artists p...
04/30/2020

The Times Union showcased the Capital Region #Creatives in #Quarantine Gallery, an online collection of local #artists produced by the Upstate Alliance for the Creative Economy, a CEG program. https://bit.ly/3f5PyTg #creativeeconomy #quarantine #artisolation #quarantineart #capitalRegionResilience

Part IV of CEG’s #COVID19 Webinar Series is Thursday w/Stragility’s Catharine Potvin & tyny co.s Paul Hook on creating a...
04/29/2020

Part IV of CEG’s #COVID19 Webinar Series is Thursday w/Stragility’s Catharine Potvin & tyny co.s Paul Hook on creating a #StrategicFocus to thrive. See this Q&A w/them on short-term priorities, #management changes, and acting vs uncertainty. https://bit.ly/35e0Q3w

The Altamont Enterprise & Albany County Post cites CEG research in articles about a plan to enhance #QualityofLife & acc...
04/29/2020

The Altamont Enterprise & Albany County Post cites CEG research in articles about a plan to enhance #QualityofLife & accelerate #EconomicGrowth in Albany County. https://bit.ly/35qZYZz #CapitalRegionResilience #techeconomy #researchanddevelopment

#DisasterPlanning & #ContinuityPlanning are the topics for Part III of CEG’s #COVID19 Webinar Series, w/Relay Integrated...
04/28/2020

#DisasterPlanning & #ContinuityPlanning are the topics for Part III of CEG’s #COVID19 Webinar Series, w/Relay Integrated Logistics & Solutions’ Larry Treen & Global Telecom Experts’ Dan Yamin. See this Q&A w/Larry & Dan for insights into #riskmitigation. https://bit.ly/2y6uY4E

Part II of CEG’s #COVID19 Webinar Series starts Tuesday w/Sandler Training Matt Scarcilli. He'll discuss #SalesStrategie...
04/27/2020

Part II of CEG’s #COVID19 Webinar Series starts Tuesday w/Sandler Training Matt Scarcilli. He'll discuss #SalesStrategies for Coming out of the Pandemic. See this Q&A w/Matt about #salesmistakes & #salessegmentation. https://bit.ly/2YgJjGa #SalesTraining #BusinessDevelopment

#WeekinReview: Schenectady #backpack #MFG Tough Traveler starts making #facemasks, Precision Valve & Automation’s emerge...
04/26/2020

#WeekinReview: Schenectady #backpack #MFG Tough Traveler starts making #facemasks, Precision Valve & Automation’s emergency #ventilator gets #FDA approval, Malta sign maker to make signs for Yellowstone National Park, Albany Capital Center gets #filmproduction facility certification & more. https://bit.ly/2W3gJ8A

Andrew Kennedy's comments start at 19:44: "We've got companies in this region that are continuing to hire & continuing t...
04/24/2020
‎The Future Works - A Podcast for Workforce Leaders: The Future Works - Episode 2 The Economic Downturn in New York No One Saw Coming on Apple Podcasts

Andrew Kennedy's comments start at 19:44: "We've got companies in this region that are continuing to hire & continuing to need people, especially in the MFG, warehousing, production and banking sectors....& these are things we need to be ready for." #CapitalRegionResilience
https://apple.co/2xVbUWZ

‎Show The Future Works - A Podcast for Workforce Leaders, Ep The Future Works - Episode 2 The Economic Downturn in New York No One Saw Coming - Apr 23, 2020

See Andrew Kennedy’s President Message on the first month of the #COVID19 shutdown and how CEG is not only helping Capit...
04/21/2020

See Andrew Kennedy’s President Message on the first month of the #COVID19 shutdown and how CEG is not only helping Capital Region businesses #pivot, but how we too are pivoting while also continuing our #industryattraction efforts. https://bit.ly/2KmFRBT #CapitalRegionResilience

CEG’s #COVID19 Webinar Series starts Wednesday w/Tom Valentine of @mainfreight, who will discuss #supplychain issues. In...
04/21/2020

CEG’s #COVID19 Webinar Series starts Wednesday w/Tom Valentine of @mainfreight, who will discuss #supplychain issues. In advance of the webinar, see this Q&A w/Tom on the supply chain in crisis. https://bit.ly/2XT6sON

Looking for locally made/distributed #facemasks, #faceshields & #handsanitizers? Examples include:  Tough Traveler Ltd. ...
04/20/2020

Looking for locally made/distributed #facemasks, #faceshields & #handsanitizers? Examples include: Tough Traveler Ltd. Tidy Tots Diapers, Comfortex Window Fashions, Tech Valley Center of Gravity, Next Advance, Inc., Albany Distilling Company, Harvest Spirits Farm Distillery, Frog Alley Brewing, Rad Soap. See CEG’s master list: https://bit.ly/2RQtPVm

#WeekinReview: The Shaker Group will move forward w/$6M project, SUNY  Poly researchers work on a #Coronavirus test, Alb...
04/17/2020

#WeekinReview: The Shaker Group will move forward w/$6M project, SUNY Poly researchers work on a #Coronavirus test, Albany International Airport gets $15M from the #stimulus package, & more. https://bit.ly/2RLVCWZ

See how Precision Valve & Automation used $35k from National Grid to #pivot & make an emergency #ventilator. PVA is rece...
04/17/2020

See how Precision Valve & Automation used $35k from National Grid to #pivot & make an emergency #ventilator. PVA is receiving professional services from CEG so it can receive #manufacturing #ISO certifications & fast track #FDA approval. https://bit.ly/3aj3KEQ #CapitalRegionResilience

WNYT reports on how CEG, the Tech Valley Center of Gravity & the Watervliet Arsenal’s Benet Laboratories are working tog...
04/16/2020

WNYT reports on how CEG, the Tech Valley Center of Gravity & the Watervliet Arsenal’s Benet Laboratories are working together for the #3Dprinting of #faceshields. https://bit.ly/2xxheQ0 #PPE #pivot #EssentialMFG #CapitalRegionResilience

See CEG’s FAQ for essential businesses subjected to NY’s new #facecovering requirement. Comfortex, Next Advance, Saratog...
04/15/2020

See CEG’s FAQ for essential businesses subjected to NY’s new #facecovering requirement. Comfortex, Next Advance, Saratoga Horse Works & Tech Valley Center of Gravity are taking orders for locally made #facemasks & #faceshields. https://bit.ly/2XC2mdS #COVID19 #PPE #CapitalRegionResilience

⚠️Due to the pandemic, we've cancelled our 2020 #CEGTechAwards, scheduled for June 25.⚠️ Nominations for 2020 will be co...
04/13/2020

⚠️Due to the pandemic, we've cancelled our 2020 #CEGTechAwards, scheduled for June 25.⚠️ Nominations for 2020 will be considered for 2021. To the incredible companies and individuals stepping up with innovative solutions to help ensure the health, safety and economic recovery of the Capital Region - THANK YOU! #CapitalRegionResilience

#WeekinReview: FuzeHub offers $400k for #COVID19 #MFG, Sprectrum plans to hire 200 in Rotterdam, Yankee Distiller releas...
04/10/2020

#WeekinReview: FuzeHub offers $400k for #COVID19 #MFG, Sprectrum plans to hire 200 in Rotterdam, Yankee Distiller releases 1st #handsanittizer batch, Quad/Graphics plans to invest $45M and create 74 #jobs, & more! https://bit.ly/3eb1we3

Today marks the 1-year anniversary of the launch of CEG’s Veteran Connect Center. Here are its impacts. In response to t...
04/10/2020

Today marks the 1-year anniversary of the launch of CEG’s Veteran Connect Center. Here are its impacts. In response to the #COVID19, CEG is opening the VCC’s services to all Capital Region job seekers & employers. Apply for 4,000+ local jobs via JobPath: https://ceg.yourjobpath.com/

Has your job been impacted by #COVID19? CEG’s Careers in NY's Capital Region webpage lists more than 2 dozen CEG investo...
04/08/2020

Has your job been impacted by #COVID19? CEG’s Careers in NY's Capital Region webpage lists more than 2 dozen CEG investors who are actively hiring despite the crisis. See who’s #hiring and how CEG Talent Connect can help you: https://www.ceg.org/nycareers/ #jobsearch #jobhunt

CEG’s Kennedy in the Times Union: “While we are witnessing an unprecedented disruption in our economy and unknowns aboun...
04/07/2020

CEG’s Kennedy in the Times Union: “While we are witnessing an unprecedented disruption in our economy and unknowns abound, we know the Capital Region has historically weathered recessions better than the nation. I know that is a cold comfort, but it is a fact. For more than 25 years and through the last three recessions, the Capital Region’s unemployment rate has been lower than the nation’s.” https://bit.ly/3aU8zWg #CapitalRegionResilience

The Daily Gazette looks at Capital Region #EssentialMFG, incl Environment One Corporation - E/One Gatherer's Granola, GL...
04/06/2020

The Daily Gazette looks at Capital Region #EssentialMFG, incl Environment One Corporation - E/One Gatherer's Granola, GLOBALFOUNDRIES & Espey Mfg & Electronics. “Supporting the Capital Region manufacturing community as always is the Center for Economic Growth.” https://bit.ly/2Rfn9jv #CapitalRegionResilience

#WeekinReview: A glimmer of hope for the Capital Region’s economy, lay offs, #smallbiz applies for #SBA loans, Agrochem ...
04/04/2020

#WeekinReview: A glimmer of hope for the Capital Region’s economy, lay offs, #smallbiz applies for #SBA loans, Agrochem sees booming demand for #handsanitizer gel, @Regeneron makes 500,000 #COVID19 test kits in East Greenbush & more. https://bit.ly/34aCxTn #CapitalRegionResilience

The Times Union reports Benet Laboratories at the U.S. Army Watervliet Arsenal is making frames for #faceshields for #he...
04/03/2020

The Times Union reports Benet Laboratories at the U.S. Army Watervliet Arsenal is making frames for #faceshields for #healthcare workers. Benet started making them at CEG’s request. The #PPE will be distributed through a partnership w/ Tech Valley Center of Gravity, w/$15,000 from Rensselaer County Industrial Development Agency. https://bit.ly/39GUp9M

CEG’s Lobsinger to Saratogian: “We can help local #manufacturers navigate our statewide network of resources, find alter...
04/02/2020

CEG’s Lobsinger to Saratogian: “We can help local #manufacturers navigate our statewide network of resources, find alternative supply chains, identify opportunities to help the state produce essential supplies, or address other needs. We’re here to help.” https://bit.ly/2UCFM2S

SBA 7a lenders will start processing #PaycheckProtectionProgram applications April 3, but Capital Region businesses shou...
04/01/2020

SBA 7a lenders will start processing #PaycheckProtectionProgram applications April 3, but Capital Region businesses should not wait. Apply now! See these new @SBA_US links & PPP FAQ. https://bit.ly/341HVbv

Rad Soap in Menands #pivoted to increase its #handsanitizer production from 4,000 to 20,000 bottles per week. RAD used a...
03/31/2020

Rad Soap in Menands #pivoted to increase its #handsanitizer production from 4,000 to 20,000 bottles per week. RAD used a Workforce Development Institute (WDI) grant to help purchase a new filling machine. CEG helped w/the application. https://bit.ly/39srfLm #EssentialMFG #CapitalRegionResilience #COVID19

CEG’s Kennedy in the Saratogian on local #gamedev studios: “CEG has spent the past two years working w/our local studios...
03/31/2020

CEG’s Kennedy in the Saratogian on local #gamedev studios: “CEG has spent the past two years working w/our local studios….We are proud to work w/them as they continue to provide the means to unite people around the globe during this challenging time.” https://bit.ly/2Ux6wBQ

CEG’s Kennedy talks to the Times Union about #officespace after #COVID19: “While this mandatory and essential shutdown o...
03/31/2020

CEG’s Kennedy talks to the Times Union about #officespace after #COVID19: “While this mandatory and essential shutdown of businesses has changed the way people work and interact, it is premature to determine how the office space market will be impacted when there are so many unknowns...” https://bit.ly/2WT2x4h

The Troy Record shows how Capital Region #videogame studios are keeping people #connected via #virtual communities amid ...
03/30/2020

The Troy Record shows how Capital Region #videogame studios are keeping people #connected via #virtual communities amid #COVID19. The region’s #gamedev cluster has 455 workers. https://bit.ly/2xApHSp #gamedevjobs

The Albany Business Review includes CEG in its guide to local resources for Capital Region businesses struggling with #c...
03/30/2020

The Albany Business Review includes CEG in its guide to local resources for Capital Region businesses struggling with #coronavirus: https://bit.ly/2yfIUsF #smallbusiness #CapitalRegionResilience

CEG’s Kennedy in @SaratogianNews: “The Capital Region has a #manufacturing legacy that goes back to Thomas Edison, and I...
03/30/2020

CEG’s Kennedy in @SaratogianNews: “The Capital Region has a #manufacturing legacy that goes back to Thomas Edison, and I am sure the work that our essential manufacturers are doing today will secure them a place in that legacy.” https://bit.ly/2V07khR #CapitalRegionResilience

#WeekinReview: Queensbury's Springbrook Hollow Farm Distillery & other local #distillers make #handsanitizer, RPI's #sup...
03/27/2020

#WeekinReview: Queensbury's Springbrook Hollow Farm Distillery & other local #distillers make #handsanitizer, RPI's #supercomputer fights #COVID19, Bilinski Sausage & other food #MFGs ramp up production, Plug Power sees holiday-like surge, Precision Valve & Automation & Mohawk Fine Papers #pivot for #PPE & more. https://bit.ly/3bxBGPi

See the 10 Things in the #COVID19 #Stimulus Package that Capital Region Businesses Must Knowhttps://bit.ly/2vUyUED
03/27/2020

See the 10 Things in the #COVID19 #Stimulus Package that Capital Region Businesses Must Know
https://bit.ly/2vUyUED

#WeekinReview: Saratoga Olive Oil opens new #warehouse, Fingerpaint acquires CA firm, Shelby Schneider tapped to lead Sa...
02/10/2020

#WeekinReview: Saratoga Olive Oil opens new #warehouse, Fingerpaint acquires CA firm, Shelby Schneider tapped to lead Saratoga County Prosperity Partnership, Community Loan Fund of the Capital Region proposes $7M expansion for business #incubator, GE Global Research gets $4.2M for #solar tech & more! http://bit.ly/2tOIWWM

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