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:
- 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
- Community facilities
Eligible Projects:
- 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 cost. Working Capital
- Marketing and advertising
Funding Source:
NYS Empire State Development (ESD)
Funding Amount:
Varies. May be loan or grant.
Contact:
(518) 292-5200
625 Broadway
Albany, NY 12207
(716) 846-8200
95 Perry Street, Suite 500
Buffalo, New York 14203
More Information:
http://esd.ny.gov/businessprograms/econdevpurposesgrants.html