Upstate Venture CEO Report
2016 Upstate Venture CEO Survey highlights

• The 115 companies who responded span nearly 50 industries; more than half are less than six years old; 90% have national/global market aspirations

• Three out of four respondents indicated that 80% of their employees hold college degrees

• 70% of the total employee base (3,300 full time employees) are based in NYS

• 40% of companies reported average annual pay per worker was over $75,000; 75% said average annual payroll is over $40,000

• In 5 years, these companies plan to create nearly 9,600 direct new jobs

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