Inside Rensselaer

Capital Region Economic Development Council Presents Five-Year Plan

Capital Region Economic Development Council

The Capital Region Economic Development Council presented its five-year plan for the Capital Region and marked the milestone with a press conference at the Albany International Airport Nov. 14. The council co-chairs are Rensselaer President Shirley Ann Jackson and Michael Castellana, president and CEO of SEFCU. 

The mission of the Regional Economic Development Councils is “to create a new operating model for New York state government that will stimulate economic development in every region and improve the business climate statewide.” The council, comprised of more than a dozen representatives and formed by Gov. Andrew Cuomo, has been working together since July.

In the eight-county area the council represents — Warren, Washington, Saratoga, Schenectady, Rensselaer, Albany, Greene, and Columbia — there is a population of more than one million people, 73 school districts, 4,453 square miles, 21 colleges and universities, an average 89.5 percent high school graduation rate, an average 7.23 percent unemployment rate, and a 69.28 percent home ownership average, according to the plan.

To read the plan, go to You can also view a short video that outlines the strategic plan and highlights some of the region’s assets at

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Inside Rensselaer
Volume 5, Number 19, December 9, 2011
©2011 Rensselaer Polytechnic Institute
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