The climate for doing business in New York has never been better. If you’re looking to launch or expand your business, you’ve come to the right place. You’ll find an array of Empire State advantages: tax-based incentives, resources and training for entrepreneurs and businesses looking to go global, industry/university partnerships fostering the development of innovative technologies and products, and the financial support needed to help businesses grow.
 

The New York State Advantage

• Tax-Based Incentives - You’ll find all forms of tax incentives, business incentives and tax credits in New York State, all designed to benefit small or expanding businesses as well as film and TV production companies.
• Operational Support - A wide range of business training, resources and assistance programs are available to help businesses with everything from finding a mentor to taking products and services to a global marketplace.
• Growth Support - New York State supports and encourages business growth with a variety of funds, loans, grants and other financial incentives. Take a look at the assistance New York offers businesses — from innovative start-ups to manufacturers to companies looking to export.
  • Economic Injury Disaster Loan (EIDL) Application
  • Economic Development Fund Program
  • Linked Deposit Program
• Innovation Development Support - New York State offers resources designed to enable new and existing businesses to become more competitive through the use of innovative technologies. Empire State Development's Division of Science, Technology and Innovation (NYSTAR) programs and centers emphasize the importance of working with industry as a way to leverage New York State’s technology strengths to produce new products. The state also offers other innovation development support resources, including financial incentives, to foster university collaboration, research and innovation.

 

Get the Best Opportunities for Your Small Business

Small businesses make up 98 percent of New York State businesses and employ more than half of New York’s private sector workforce. Empire State Development’s Small Business Division supports the development and expansion of businesses with under 100 employees – directing an array of programs and initiatives supporting small business growth and helping entrepreneurs maximize opportunities for success.
 

Our Mission

The mission of Empire State Development (ESD) is to promote a vigorous and growing state economy, encourage business investment and job creation, and support diverse, prosperous local economies across New York State through the efficient use of loans, grants, tax credits, real estate development, marketing and other forms of assistance.
 

 

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