Startups and entrepreneurs have said a robust ecosystem would attract more venture capital and talent to the Albany, New York area. The Capital Region's economic development group took notice and wants to build off the success or organizations like the Tech Valley Center of Gravity and Startup Tech Valley. The group has bid for $40 million to $65 million in state money toward entrepreneurship. It's part of the region's pitch for $500 million in the Upstate Revitalization Initiative. Read more about that here.