Business Development

Back To Business: The Fort Orange General Store

August 26, 2020 – 10:56 am

  After watching developments in the coronavirus crisis with growing concern Schuyler Bull, owner of the Fort Orange General Store, made what he called a “heartbreaking decision” and shuttered the downtown Albany shop in mid-March.   “We were putting staff on the line, customers on the line; we didn’t know who was coming in, so I […]

Back To Business: Nine Pin Ciderworks

August 19, 2020 – 12:51 pm

Nine Pin Ciderworks, the state’s first farm cidery, has been able to survive the economic downturn caused by the coronavirus crisis thanks to emergency regulatory changes enacted by Governor Andrew Cuomo, according to the company’s co-founder and manager, Sonya del Peral.   “We were able to pivot because the state opened up new avenues of revenue […]

Back To Business: Pelagie Hair Braiding

August 12, 2020 – 10:27 am

Businesses in the City of Albany have faced significant and unprecedented challenges over the past several months. Capitalize Albany Corporation and its partners and city stakeholders have worked hard to provide resources, information, and support to those businesses to help them weather this difficult period. Just like the City itself, the business community is innovative, […]

New Grant Program to Provide Assistance to City of Albany Small Businesses With Reopening and Adapting Operations

August 10, 2020 – 12:50 pm

  City of Albany small businesses impacted by the ongoing pandemic that need assistance in covering costs related to operating in accordance with health and safety requirements can now apply for funding from a new grant program at www.CapitalizeAlbany.com/grants. The new COVID-19 Small Business Adaptation Program (SBAP) is made possible with support from the Albany Community Development […]

More Than $130,000 In Emergency Grants Awarded To Albany Small Business Owners

July 23, 2020 – 12:41 pm

Announcement’s Press Release Direct-reimbursement grants of up to $10,000 have been awarded to City of Albany small businesses that are working hard to recover from ongoing economic challenges and setbacks. More than 30 businesses have been supported under this effort. As part of an emergency response using the City of Albany Small Business Façade Improvement […]

Introducing Our Newest Team Members

June 18, 2020 – 1:37 pm

Capitalize Albany is continuing to play its role in helping to support the city’s economic-recovery through the SupportsmAlbany initiative, and programs providing assistance to local businesses as they work to reopen and re-establish their operations. The Corporation is moving forward with an ambitious agenda for 2020, ramping up a number of complex projects and has brought dynamic new talent on board […]

Emergency Funding Round To Close June 30 For Grants To Support City of Albany Small Businesses

June 15, 2020 – 11:56 am

In response to recent damage done to numerous City businesses, applications were made available at the beginning of June as part of an emergency response using the City of Albany Small Business Facade Improvement, and Retail Grant programs administered by Capitalize Albany Corporation. Application fees and investment match requirements are being waived to ensure there […]

Emergency Round of Grants Announced To Support City Of Albany Small Business Owners

June 1, 2020 – 4:49 pm

Grants To Support Businesses That Sustained Damage Over The Weekend With Prioritization of Minority Or Women-Owned Businesses View This Announcement’s Press Release Here In response to the damage done to numerous City businesses, applications will be made available as part of an emergency response using the City of Albany Small Business Façade Improvement and Retail […]

Support smAlbany | New Resource To Support Albany Businesses In A Fast-Changing Environment Amid COVID-19 Crisis

March 20, 2020 – 3:31 pm

www.SupportsmAlbany.com   In recognition of the significant impact the novel coronavirus (COVID-19) has had – and will continue to have for the foreseeable future – on the local and national economy, a consortium of organizations has joined together to provide a clearinghouse of information and resources to support businesses at this difficult time.This website is […]

Completion of Albany S.T.E.A.M. Garden Phase 1 Business Incubator

December 12, 2019 – 11:54 am

Science, Technology, Engineering, Arts and Media – S.T.E.A.M. – is breathing new life into a once-vacant building, a neighborhood, and the Capital Region’s creative economy. The first phase of renovation of the former St. Patrick’s School on Central Avenue is complete, an opening celebration was held on December 11 and the S.T.E.A.M. Garden is now […]