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 currently available through the CFA: https://apps.cio.ny.gov/apps/cfa/contractReporter.cfm#DirectAssistance

Governor Cuomo Announces $785 Million in Economic Development Funding Through Regional Councils. Please refer to www.governor.ny.gov for announcements and updates on future funding opportunities through the CFA



State Small Business Credit Initiative

Earlier this year, 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.


 

Other Loans and Grants Programs:
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 FundEconomic Development Fundd     
Entrepreneurial Assistance Program (EAP)
Global Market Export Services (GEMS)
Healthy Food & Healthy Communities Fund
Hurricane Irene-Tropical Storm Lee Business Flood Recovery Grant Program

Hurricane Irene-Tropical Storm Lee Flood Mitigation Grant Program

Industrial Effectiveness Program (IEP)
Job Development Authority (JDA) Direct Loan Program
JOBS Now
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
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

New Markets Tax Credits
New York State Film Production Credit
New York State Post Production Credit
Other Tax Credits & Incentives


Other Financing and Technical Assistance:

The Bonding Guarantee Assistance Program
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 Empowerment Zone (NYEZ)

New York State Land Bank Program
Procurement Assistance Program

STEP Program
World Trade Center Rent Reduction Program (WTC RR)


For Information – these programs are not currently accepting applications:
Economic Development Purposes Grants

Environmental Investment Program

Restore New York Communities Initiative

Regional Council Capital Fund
Upstate Regional Blueprint & Downstate Revitalization Funds

 

 

 

 

 

 

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