Business Programs

Empire State Development provides a variety of assistance aimed at helping businesses; whether you are an international company looking to make a move or a small business owner wanting to access capital – ESD is here to help. 

We offer loans, grants and tax credits, as well as other financing and technical assistance, to support businesses and encourage their growth within New York State.Through the
 New York State Consolidated Funding Application (CFA), a single application for multiple sources of state funding, New York State is soliciting grant applications for funding to advance the priorities of the Regional Economic Development Councils (REDC).The following programs are available through the CFA: 

  • Empire State Development Grant Funds  
  • Excelsior Jobs Tax Credits
  • Market New York
  • Business Incubator and Innovation Hot Spot
  • Economic Development Purposes Fund
  • Strategic Planning and Feasibility Studies
  • Environmental Investment Program  
  • Industrial Development Bond Cap


Please refer to www.governor.ny.gov for announcements and updates on future funding opportunities through the CFA 

Contact/Additional Program Information


For more information, eligible applicants should visit http://regionalcouncils.ny.gov/, which includes contact information for the appropriate ESD Regional Office covering the project area.



State Small Business Credit Initiative

On June 28, 2011, Governor Andrew M. Cuomo signed legislation that established the use of State Small Business Credit Initiative (SSBCI) funds for three economic development programs. These programs will enable small businesses to leverage new capital and credit to help them create private sector jobs.

The SSBCI is part of President Obama’s Small Business Jobs Act of 2010, which supports state-level small business credit programs.  New York’s access to $55.4 million in SSBCI funds is expected to generate over $554 million in new private capital for small businesses.



Grant, Loan and Tax Credit Programs:

Better Buffalo Fund
Build Now-NY/Shovel Ready Program
Champlain Bridge Assistance Program
Commercial District Revolving Loan Trust Fund
Community Development Financial Institution Assistance Program (CDFI)
Disaster Recovery
Economic Development Fund
Economic Development Purposes Grants
2014 Economic Transformation Program (ETP)
Economic Transformation Program (ETP)

Entrepreneurial Assistance Program (EAP)
Excelsior Jobs Program
Environmental Investment Program
Healthy Food & Healthy Communities Fund
Industrial Effectiveness Program (IEP)
Job Development Authority (JDA) Direct Loan Program
JOBS Now
Jobs Retention Program (ESJRP)
Manufacturing Assistance Program (MAP)
Metropolitan Economic Revitalization Fund (MERF)
Micro Lending Program
Minority and Women-owned Business Lending (MWBDL) Program
Minority and Women Revolving Loan Trust Fund Program
New Farmers Grant Fund
Regional Council Capital Fund
Regional Revolving Loan Trust Fund (RRLTF)
Small Business Revolving Loan Fund
Transportation Capital Assistance Program   
Urban and Community Development Program (UCDP)
World Trade Center Job Creation & Retention Program (JCRP)


Tax Credits:

Brownfield Cleanup Program
Empire Zones - This program is closed to new entrants.
New Markets Tax Credits
New York State Film Tax Credit Program

New York State Commercial Tax Credit
Other Tax Credits & Incentives


Other Financing and Technical Assistance:

Business Mentor NY
Bridge to Success Loan Program
New York State Surety Bond Assistance Program (NYSSBAP)
The Capital Access Program
Environmental Assistance
Export Marketing Assistance Service (EMAS)
Governor's Office for Motion Picture & Television Development
The Innovate NY Fund
Linked Deposit Program (LDP)
New York Beverage Business (Beer, Spirits & Wine)
New York Empowerment Zone (NYEZ)
New York State Land Bank Program (NYSLBP)
Procurement Assistance Program
World Trade Center Rent Reduction Program (WTC RR)


For Information – these programs are not currently accepting applications:

Restore New York Communities Initiative
Upstate Regional Blueprint & Downstate Revitalization Funds

 

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