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:
Empire State Development Grant Funds ($174 Million)
Regional Council Capital Fund ($150 million)
Empire State Economic Development Fund ($20
million); and
Urban and Community Development Program ($4
million)
- Excelsior Jobs Tax Credits ($70 M)
- Regional Tourism Marketing Grant Initiative ($3 M)
- Industrial Development Bond Cap ($350 M)
- Environmental Investment Program ($1 M)
Program information is listed below.
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
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: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
Economic
Transformation Program
Entrepreneurial
Assistance Program (EAP)
Excelsior
Jobs Program
Environmental
Investment Program
Global Market Export
Services (GEMS)
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
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 ProgramNew 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 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 (NYSLBP)
Procurement Assistance Program
STEP Program
World Trade Center Rent Reduction Program (WTC RR)
For Information – these programs are not currently accepting applications:
Restore New York Communities InitiativeUpstate Regional Blueprint & Downstate Revitalization Funds
