Available for economic development initiatives and projects that create or retain jobs, generate increased economic activity and improve the economic and social viability and vitality of local communities.
Eligible Recipients:
Eligible applicants include:
- For-profit businesses;
- Not-for-profit corporations;
- Business improvement districts;
- Local development corporations;
- Public benefit corporations (including industrial development agencies);
- Economic development organizations;
- Research and academic institutions;
- Incubators;
- Technology parks;
- Municipalities;
- Counties;
- Regional planning councils;
- Tourist attractions; and
- Community facilities.
Eligible Projects:
Funds can be used for:
- Acquisition or leasing of land, buildings, machinery and/or equipment;
- Acquisition of existing business and/or assets;
- Demolition and environmental remediation;
- New construction, renovation or leasehold improvements;
- Acquisition of furniture and fixtures;
- Planning and feasibility studies;
- Site and infrastructure development;
- Inventory;
- Training;
- Soft costs;
- Working capital; and
- Marketing and advertising.
Funding Source:
NYS Empire State Development
Funding Amount:
Up to $19.2 million
Deadline:
Recurring
Contact:
Empire State Development
633 Third Ave.
New York, NY 10017
212-803-3100
More Information:
http://www.empire.state.ny.us/BusinessPrograms.html