Historic Elimination of MWBE Certification Backlog

At the 2023 MWBE Forum in Albany, Governor Hochul celebrated the elimination of New York’s yearslong MWBE certification backlog — and a goal-exceeding MWBE utilization rate of 32.30 percent on state contracts, the nation's highest.  
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New York State's Biodefense Commercialization Fund

Round 3 applications are available for New York State's $40M Biodefense Commercialization Fund – established to accelerate the development and commercialization of solutions for serious infectious disease threats.
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New York Forward Loan Fund 2

The New York Forward Loan Fund 2 is a $150 million expanded program offering qualifying small businesses and nonprofits access to capital from mission-driven lenders, with loans of up to $150,000 as well as free support services.
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New York State Small Business Credit Initiative (SSBCI)

New York State has been awarded more than $500 million in federal funding to help small business recovery and allow traditionally disadvantaged small businesses the opportunity to succeed—ESD will develop SSBCI-related programs. 
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New York State is growing businesses, investment and jobs

Micron Chooses New York State

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Explore our regions

Each of New York's 10 distinct regions presents unique opportunities for business. See what these areas of the state have to offer.
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View by industry

New York is home to innovative companies from a diverse mix of industries. See how businesses like yours are thriving here.
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Opportunities to grow your business in New York State

Tax-Based Incentives

All forms of tax incentives that enable savings and cost advantages to businesses.
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Operational Support

Programs offering assistance or training to ensure more competitive businesses.
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Growth Support

Funds, loans and other means of financial support to stimulate business growth.
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Innovation Development Support

Financial incentives to foster university collaboration, research and innovation.
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New York State Government Transparency Initiative

ESD is committed to transparency in sharing information and data with the public related to our economic development mission. Find links to help access key reports, data and information about meetings and webinars. 

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