If you own and operate a business in New York City, there are a wealth of financing and incentives programs at your disposal. We’ve provided these links to help you track those resources down and put them to use for you. There are also some useful tools, like the Incentives Finder and Incentives Estimator.
Your company may qualify for certain incentives for doing business in New York City. Please make selections from the categories below to find out what incentives your business may be eligible for.
The Incentives Estimator can provide you with a customized list of City, State, and Federal incentives for which your business might qualify.
Discounted Energy Programs
Discover how New York City industrial/commercial businesses can take advantage of lower electricity rates.
Learn about tax-exempt bonds, tax reductions and other incentive programs available to small and large companies who do business in New York City.
Find tax reductions, tax credits, and incentives available for business development initiatives and investments throughout New York City.
Industrial Development Agency
The NYCIDA has helped hundreds of companies and not-for-profit organizations to undertake capital expansions and to become more competitive by locating within New York City or by expanding their existing operations. Its mission is to encourage economic development throughout the five boroughs and to assist in the retention of existing jobs, as well as the creation and attraction of new ones. Its bond programs include:
- Recover NYC Program
- Manufacturing Facilities Bond Program
- Not-For-Profit Bond Program
- Exempt Facilities Bond Program
- Empowerment Zone Facilities Bond Program
- New York Liberty Bond Program
NYC Capital Resource Corp.
CRC provides lower-cost financing programs to qualified not-for-profit institutions and manufacturing, industrial, and other businesses for their eligible capital projects.
There are a number of other NYC programs and services that can assist businesses in receiving contracts, obtaining capital, and getting technical assistance. These include:
- Foreign Trade Zones (FTZs)
- Locally-Based Enterprise System
- Procurement Outreach Program (POP)
Too many questions? Too much information? Need help?
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