Center for Economic Growth

Center for Economic Growth The Center for Economic Growth is the professional economic development engine serving New York’s 8 County Capital Region. Support from our investors enables our team of professionals to connect businesses to resources to drive growth, attract jobs...

Since its founding in 1987, CEG has played a vital role in creating a rich economic development environment throughout the Capital Region by creating world class transportation and logistical hubs, investing in our anchor institutions, making the region an international gateway and helping to advance major economic development projects. From working to turn Albany International Airport into a wor

Since its founding in 1987, CEG has played a vital role in creating a rich economic development environment throughout the Capital Region by creating world class transportation and logistical hubs, investing in our anchor institutions, making the region an international gateway and helping to advance major economic development projects. From working to turn Albany International Airport into a wor

Operating as usual

Resonance Co ranks the Albany-Schenectady-Troy metro area as the nation’s 38th #BestCity. The Albany MSA also ranked 2nd...
07/06/2021

Resonance Co ranks the Albany-Schenectady-Troy metro area as the nation’s 38th #BestCity. The Albany MSA also ranked 2nd for Change in Family Income & 11th in the People category, which weighs educational attainment. See: https://bit.ly/3ytDDrr #GoCapNY
Capital Region Chamber

Resonance Co ranks the Albany-Schenectady-Troy metro area as the nation’s 38th #BestCity. The Albany MSA also ranked 2nd for Change in Family Income & 11th in the People category, which weighs educational attainment. See: https://bit.ly/3ytDDrr #GoCapNY
Capital Region Chamber

#WeekinReview: SUNY Polytechnic Institute prof gets $320,000 #NIH grant to track #Alzheimers, an #IceCastle is coming to...
07/02/2021

#WeekinReview: SUNY Polytechnic Institute prof gets $320,000 #NIH grant to track #Alzheimers, an #IceCastle is coming to Lake George, behavioral #telehealth #startup aptihealth expands patient base w/ Columbia Memorial Health, Albany International Airport CEO eyes terminal expansion, & more. https://bit.ly/3qIsJv7

#WeekinReview: SUNY Polytechnic Institute prof gets $320,000 #NIH grant to track #Alzheimers, an #IceCastle is coming to Lake George, behavioral #telehealth #startup aptihealth expands patient base w/ Columbia Memorial Health, Albany International Airport CEO eyes terminal expansion, & more. https://bit.ly/3qIsJv7

WTEN’s report on @UAlbany’s new #GameDev courses highlight’s CEG’s study of the Capital Region #DigitalGaming Cluster, w...
07/01/2021
UAlbany embraces gaming industry growth with new courses

WTEN’s report on @UAlbany’s new #GameDev courses highlight’s CEG’s study of the Capital Region #DigitalGaming Cluster, which has 500+ workers at 24 studios. https://bit.ly/3AlPIk3 #GameDesign #GameDevJobs
Capital Region Chamber

ALBANY, N.Y. (NEWS10) — As businesses and industries in the Capital Region try to claw their way back from the COVID pandemic, many became financially stressed. While some found it difficult to kee…

Rent Cafe ranks the Albany-Schenectady-Troy MSA the 9th best metro area for #MaterialsScientists & 8th for #IndustrialEn...
06/30/2021

Rent Cafe ranks the Albany-Schenectady-Troy MSA the 9th best metro area for #MaterialsScientists & 8th for #IndustrialEngineers, based on their median wage, jobs concentration and cost of living. https://bit.ly/3qFWRr1
Capital Region Chamber

Rent Cafe ranks the Albany-Schenectady-Troy MSA the 9th best metro area for #MaterialsScientists & 8th for #IndustrialEngineers, based on their median wage, jobs concentration and cost of living. https://bit.ly/3qFWRr1
Capital Region Chamber

The Troy Record reports on a CEG study showing Green Island was NY’s fastest-growing town & village in 2020, w/Starbuck ...
06/30/2021
Green Island is New York's fastest-growing town and village

The Troy Record reports on a CEG study showing Green Island was NY’s fastest-growing town & village in 2020, w/Starbuck Island boosting its population. https://bit.ly/2TcQRdf #GoCapNY
Capital Region Chamber BBL Construction Services

GREEN ISLAND, N.Y. — Amid the COVID-19 pandemic and as a transformative redevelopment project neared completion on Starbuck Island, Green Island emerged as New York’s fastest-growing town and village in

The Albany Business Review reports on CEG research showing the Capital Region in 2019 saw a sizable inflow of adjusted g...
06/29/2021
CEG report: High earners offset population decline in Capital Region - Albany Business Review

The Albany Business Review reports on CEG research showing the Capital Region in 2019 saw a sizable inflow of adjusted gross#GoCapNYfrom several NYC, Hudson Valley & Long Island counties plus Middlesex Co., MA & Palm Beach Co., FL. https://bit.ly/3dpbZDZ #GoCapNY Capital Region Chamber

CEG attributes the region's income growth — despite a population loss of more than 1,600 — to companies attracting workers for high-paying jobs.

06/29/2021

Tomorrow 6/30: Final Session of our #offshorewind Tour w/ the Ministry of Foreign Affairs of Denmark. #Financing for the industry, raising sponsor & tax equity for #OSW projects, lessons learned from Europe & Asia, Veja Mate offshore wind project & more! https://bit.ly/OSWTour7 Vineyard Wind EKF Danmarks Eksportkredit

New IRS #TaxReturn data shows $1.36B in Adjusted Gross Income migrated into the Capital Region from outside the 8 counti...
06/28/2021

New IRS #TaxReturn data shows $1.36B in Adjusted Gross Income migrated into the Capital Region from outside the 8 counties from 2018-2019. Find out where the region’s wealth is coming from (and going). https://bit.ly/3vZQIqD #GoCapNY

New IRS #TaxReturn data shows $1.36B in Adjusted Gross Income migrated into the Capital Region from outside the 8 counties from 2018-2019. Find out where the region’s wealth is coming from (and going). https://bit.ly/3vZQIqD #GoCapNY

#WeekinReview: Vital Vio’s #antimocrobal #LEDs to be installed on #cruise ships, the local #startups that raised a cumul...
06/25/2021

#WeekinReview: Vital Vio’s #antimocrobal #LEDs to be installed on #cruise ships, the local #startups that raised a cumulative $100M, UAlbany selected as partner for $208M @NOAA #SevereWeather Research Institute, IgniteU NY plans expansions, & more: https://bit.ly/3x0JgwT

#WeekinReview: Vital Vio’s #antimocrobal #LEDs to be installed on #cruise ships, the local #startups that raised a cumulative $100M, UAlbany selected as partner for $208M @NOAA #SevereWeather Research Institute, IgniteU NY plans expansions, & more: https://bit.ly/3x0JgwT

As the Capital Region prepares to become an #OSW component #MFG hub, it is already an #WindEnergy R&D pioneer. 74 wind e...
06/25/2021

As the Capital Region prepares to become an #OSW component #MFG hub, it is already an #WindEnergy R&D pioneer. 74 wind energy #patents awarded in 2020 listed a Capital Region #inventor. Local #innovation assets: GE Research, Rensselaer Polytechnic Institute & University at Albany, SUNY ASRC. https://bit.ly/3jfmldk

As the Capital Region prepares to become an #OSW component #MFG hub, it is already an #WindEnergy R&D pioneer. 74 wind energy #patents awarded in 2020 listed a Capital Region #inventor. Local #innovation assets: GE Research, Rensselaer Polytechnic Institute & University at Albany, SUNY ASRC. https://bit.ly/3jfmldk

06/24/2021

Green Island was NY’s fastest-growing town & village in 2020. It saw a 9.8% population increase despite the pandemic & amid Starbuck Island’s transformation. Saratoga County had 3 of NY’s top 10 fastest-growing towns. #SaratogaSprings also grew. https://bit.ly/3gWKbro #GoCapNY

The Albany Business Review: CEG & Capital Region Chamber “are doing a lot to promote the region, including what could be...
06/22/2021
Capital Region companies less open to remote work – which could hurt them, recruiter says - Albany Business Review

The Albany Business Review: CEG & Capital Region Chamber “are doing a lot to promote the region, including what could be seen as an attractive change of pace for people looking to move out of bigger cities.” Alaant Workforce Solutions Miriam Dushane says "employers should be capitalizing on that" https://bit.ly/3wNUl4s #GoCapNY
Go Cap NY

Miriam Dushane of Alaant Workforce Solutions: "I think there might be a little bit of a disconnect between employers and job offerings and the current workforce and what they're looking for."

06/21/2021

⚡️ Wednesday - #OSW Tour 6! Learn about #electricaltransmission from system operator and developer perspectives, marine cable manufacture and installation and sub station fabrication >> http://bit.ly/OSWTour6 ⚡️ #offshorewind Energinet Ørsted

#WeekinReview: Troy #startup United Aircraft Technologies raises $1.7M, Regeneron’s #COVID cocktail is effective at lowe...
06/18/2021

#WeekinReview: Troy #startup United Aircraft Technologies raises $1.7M, Regeneron’s #COVID cocktail is effective at lower dosages, @RPI #startup Ripley aims to reduce #foodwaste w/ #silkprotein spray, Albany Med #startup Somml Health ready to go to market, & more. https://bit.ly/3iNUr7X

#WeekinReview: Troy #startup United Aircraft Technologies raises $1.7M, Regeneron’s #COVID cocktail is effective at lower dosages, @RPI #startup Ripley aims to reduce #foodwaste w/ #silkprotein spray, Albany Med #startup Somml Health ready to go to market, & more. https://bit.ly/3iNUr7X

06/14/2021

Wednesday 6/16: #OSW Tour continues with #operations & #maintenance. Overview of O&M, day in the life of a wind tech, port and vessels O&M ➡ http://bit.ly/OSWTour5
#offshorewind MHI Vestas Offshore Wind ESVAGT

#WeekinReview: Sen. Schumer says the Innovation and Competition Act will be a boon for the Capital Region’s tech economy...
06/11/2021

#WeekinReview: Sen. Schumer says the Innovation and Competition Act will be a boon for the Capital Region’s tech economy, a #semiconductor startup comes to Schenectady, the Palace in Albany sees relief funds, & more. https://bit.ly/3vbiwId

#WeekinReview: Sen. Schumer says the Innovation and Competition Act will be a boon for the Capital Region’s tech economy, a #semiconductor startup comes to Schenectady, the Palace in Albany sees relief funds, & more. https://bit.ly/3vbiwId

Fodor's Travel ranks #LakeGeorge among 10 Swimmer’s Paradises in the U.S. (That Aren’t Oceans). “For #swimmers that like...
06/11/2021

Fodor's Travel ranks #LakeGeorge among 10 Swimmer’s Paradises in the U.S. (That Aren’t Oceans). “For #swimmers that like to have a plethora of options available to them, Lake George makes for the perfect summertime destination…” https://bit.ly/3vcIKdC
#GoCapNY #LakeSwimming
Capital Region Chamber Go Cap NY Warren County EDC

Fodor's Travel ranks #LakeGeorge among 10 Swimmer’s Paradises in the U.S. (That Aren’t Oceans). “For #swimmers that like to have a plethora of options available to them, Lake George makes for the perfect summertime destination…” https://bit.ly/3vcIKdC
#GoCapNY #LakeSwimming
Capital Region Chamber Go Cap NY Warren County EDC

Join us for a Virtual Event Friday, June 11th from 9:00AM - 2:30PM: Capital Region Cancer Research Symposium > Precision...
06/10/2021
Symposium: Precision Medicine in Cancer Treatment and Prevention - Center for Economic Growth

Join us for a Virtual Event Friday, June 11th from 9:00AM - 2:30PM: Capital Region Cancer Research Symposium > Precision Medicine in Cancer Treatment and Prevention.

Learn more & Register for the event here>> https://bit.ly/2S8bw1g

The event will include cancer research experts, oncologists, community-based patient organizations, presentations from graduate students & post-doc trainees.

@Albany Medical College @Albany Medical Center @Albany College of Pharmacy and Health Sciences/PRI @SUNY Polytechnic Institute @UAlbany and RNA Institute @Wadsworth Center @Rensselaer Polytechnic Institute @General Electric @Stratton VA Medical Center @Taconic Biosciences, Inc @New York Oncology Hematology (NYOH)

#theranostics #cytokinedirectedtherapy #FRETimaging #singlecelltranscriptomicprofiling #MYLUNGinitiative #cureforcancer #cancerreasearch #Precisionmedicine

Join Us! Capital Region Cancer Research Symposium Precision Medicine in Cancer Treatment and Prevention June 11, 2021 | 9:00AM – 2:30PM | Virtual Zoom Event ABOUT THE SYMPOSIUM The Capital Region Cancer Research group (CRCR) will sponsor a day symposium as part of their CRCR New Frontiers Series. ...

06/07/2021

Wednesday 6/9: #OSW Tour discussion focuses on where the jobs are, socio-economic impact of #offshorewind, offshore wind #training requirements & more. Join us to learn more > http://bit.ly/OSWTour4

#offshorewind #oswjobs #jobs #training

#WeekinReview: Hudson H**p readies for recreational #ma*****na, a look inside #Amazon’s $100M Schodack fulfillment cente...
06/04/2021

#WeekinReview: Hudson H**p readies for recreational #ma*****na, a look inside #Amazon’s $100M Schodack fulfillment center, HVCC & Albany International Airport partner for #aircraftmechanic training, AlbanyCanCode partners w/Microsoft & more. https://bit.ly/3uTTM7p

#WeekinReview: Hudson H**p readies for recreational #ma*****na, a look inside #Amazon’s $100M Schodack fulfillment center, HVCC & Albany International Airport partner for #aircraftmechanic training, AlbanyCanCode partners w/Microsoft & more. https://bit.ly/3uTTM7p

Next week our #OSW Tour continues with an important topic -- #jobs and #training. If you're not yet registered, sign up ...
06/03/2021

Next week our #OSW Tour continues with an important topic -- #jobs and #training. If you're not yet registered, sign up here ⬇
http://bit.ly/OSWTour4

#offshorewind #oswjobs

Next week our #OSW Tour continues with an important topic -- #jobs and #training. If you're not yet registered, sign up here ⬇
http://bit.ly/OSWTour4

#offshorewind #oswjobs

WAMC Northeast Public RadioRadio reports on Chuck Schumer D-NY backing a #TroyNY “Game On Accelerator.” The $750K #GameD...
06/03/2021
Schumer Backs Proposed 'Game On Accelerator' In Troy

WAMC Northeast Public RadioRadio reports on Chuck Schumer D-NY backing a #TroyNY “Game On Accelerator.” The $750K #GameDev #accelerator was proposed by CEG, Rensselaer County Industrial Development Agency, Rensselaer Polytechnic Institute & Velan Studios. https://bit.ly/3ieYZUE #GoCapNY #GameOnNY #GameDevJobs
Capital Region Chamber Go Cap NY

Senate Majority Leader Chuck Schumer stopped in Troy Tuesday to call for additional funding for video game developers in New York’s Capital Region.

Find out how the Capital Region’s #EconomicRecovery is progressing with CEG’s redesigned Economic Scorecard. As of Q1 20...
05/28/2021

Find out how the Capital Region’s #EconomicRecovery is progressing with CEG’s redesigned Economic Scorecard. As of Q1 2021, 5 key economic indicators were trending positive Y/Y but 6 were negative. See which ones: https://bit.ly/3hW4fwd.

Find out how the Capital Region’s #EconomicRecovery is progressing with CEG’s redesigned Economic Scorecard. As of Q1 2021, 5 key economic indicators were trending positive Y/Y but 6 were negative. See which ones: https://bit.ly/3hW4fwd.

#WeekinReview: #Schenectady #DowntownRevitalizationInitiation projects are awarded, Albany Can Code plans for growth, DP...
05/28/2021

#WeekinReview: #Schenectady #DowntownRevitalizationInitiation projects are awarded, Albany Can Code plans for growth, DPS Global to expand at SUNY Poly’s Zen Building, GE Research developing floating #OffshoreWind #turbines, & more. https://bit.l#turbines

#WeekinReview: #Schenectady #DowntownRevitalizationInitiation projects are awarded, Albany Can Code plans for growth, DPS Global to expand at SUNY Poly’s Zen Building, GE Research developing floating #OffshoreWind #turbines, & more. https://bit.l#turbines

Albany Can Code, Inc is recruiting for summer workforce training courses: #FrontEnd #WebDevelopment, #Python for #DataAn...
05/26/2021

Albany Can Code, Inc is recruiting for summer workforce training courses: #FrontEnd #WebDevelopment, #Python for #DataAnalytics, and #JavaScript Fundamentals. Apply online at www.albanycancode.org/apply-now.

Are you ready to accelerate the growth of your company? Learn best practices on increasing revenue, raising money, busin...
05/25/2021

Are you ready to accelerate the growth of your company?
Learn best practices on increasing revenue, raising money, business development and more!

Join IgniteU NY this summer, for their non-dilutive business accelerator program. 👉Deadline to apply is June 1st, don't miss this opportunity!

Learn more and apply today: https://igniteuny.com/2021summeraccelerator1

Are you ready to accelerate the growth of your company?
Learn best practices on increasing revenue, raising money, business development and more!

Join IgniteU NY this summer, for their non-dilutive business accelerator program. 👉Deadline to apply is June 1st, don't miss this opportunity!

Learn more and apply today: https://igniteuny.com/2021summeraccelerator1

05/24/2021

Wednesday 5/26: #OSW Series continues with #Port #infrastructure. Learn about port experiences from Denmark's Esbjerg Port and Pre-assembly activities ➡ http://bit.ly/OSWTour3 Esbjerg Havn MHI Vestas Offshore Wind

The Hudson Register-Star reports on the #HudsonNY #micropolian area ranking 3rd on CEG’s list of micropolitan areas the ...
05/24/2021
Hudson ranks 3rd on Center for Economic Growth’s same-sex households list

The Hudson Register-Star reports on the #HudsonNY #micropolian area ranking 3rd on CEG’s list of micropolitan areas the highest percentage of #SameSex couple households. https://bit.ly/2SnNZcJ #LBGTQ #Pride #GoCapNY
Capital Region Chamber Go Cap NY

Columbia County has the third highest percentage of same-sex couple households among 542 micropolitan areas nationwide, according to the Center for Economic Growth.

#WeekinReview: Albany #startup Lux #S#distributioncenterring & scaling up, Albany College of Pharmacy and Health Science...
05/21/2021

#WeekinReview: Albany #startup Lux #S#distributioncenterring & scaling up, Albany College of Pharmacy and Health Sciences' CBET attract #biopharma industry partners, Amazon eyes 2nd #distributioncenter in Schodack, Vara Safety expands, Plug Power's payroll doubles in 2 years & more. https://bit.ly/3hXunab

#WeekinReview: Albany #startup Lux #S#distributioncenterring & scaling up, Albany College of Pharmacy and Health Sciences' CBET attract #biopharma industry partners, Amazon eyes 2nd #distributioncenter in Schodack, Vara Safety expands, Plug Power's payroll doubles in 2 years & more. https://bit.ly/3hXunab

New Census bureau data shows Saratoga County was NY’s fastest-growing county & domestic migration leader in 2020. Columb...
05/21/2021

New Census bureau data shows Saratoga County was NY’s fastest-growing county & domestic migration leader in 2020. Columbia & Greene counties were also among the handful of NY counties to see domestic migration gains. https://bit.ly/3fEexy6 #GoCapNY
Capital Region Chamber Go Cap NY

New Census bureau data shows Saratoga County was NY’s fastest-growing county & domestic migration leader in 2020. Columbia & Greene counties were also among the handful of NY counties to see domestic migration gains. https://bit.ly/3fEexy6 #GoCapNY
Capital Region Chamber Go Cap NY

Thank you to all who attended and participated in our May VentureB Virtual Presentation with Proneer. Special thank you ...
05/20/2021

Thank you to all who attended and participated in our May VentureB Virtual Presentation with Proneer. Special thank you to our panelists: Anthony DeBonis Marcia Mitchell and Michael Roach. Join us for our next event on September 22! https://bit.ly/3u5LJE3

Thank you to all who attended and participated in our May VentureB Virtual Presentation with Proneer. Special thank you to our panelists: Anthony DeBonis Marcia Mitchell and Michael Roach. Join us for our next event on September 22! https://bit.ly/3u5LJE3

How the Mohawk Valley Feeds Innovation is rapidly approaching and registration for both Attendees and Exhibitors are clo...
05/20/2021

How the Mohawk Valley Feeds Innovation is rapidly approaching and registration for both Attendees and Exhibitors are closing within the next week. Come join the rest of the manufacturing ecosystem as we build valuable business connections throughout the Mohawk Valley and across the entire Empire State. https://bit.ly/3cXatcd

#NYManufacturing #ManufacturingForum Advanced Institute for Manufacturing Herkimer County Community College Herkimer County Industrial Development Agency SUNY - The State University of New York Apprenticeship Program

How the Mohawk Valley Feeds Innovation is rapidly approaching and registration for both Attendees and Exhibitors are closing within the next week. Come join the rest of the manufacturing ecosystem as we build valuable business connections throughout the Mohawk Valley and across the entire Empire State. https://bit.ly/3cXatcd

#NYManufacturing #ManufacturingForum Advanced Institute for Manufacturing Herkimer County Community College Herkimer County Industrial Development Agency SUNY - The State University of New York Apprenticeship Program

Address

41 State St. Suite 705
Albany, NY
12207

Opening Hours

Monday 08:30 - 17:30
Tuesday 08:30 - 17:30
Wednesday 08:30 - 17:30
Thursday 08:30 - 17:30
Friday 08:30 - 17:00

Telephone

(518) 465-8975

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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.

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