Incentives and Programs for Businesses

Empire State Development provides a variety of assistance aimed at helping businesses; whether you are an international
 company looking to make a move or a small business owner wanting to access capital -- ESD is here to help. 

We offer loans, grants and tax credits, as well as other financing and technical assistance, to support businesses and encourage their growth within New York State. Through the
 New York State Consolidated Funding Application (CFA), a single application for multiple sources of state funding, New York State is soliciting grant applications for funding to advance the priorities of the Regional Economic Development Councils (REDC).The following programs are available through the CFA: 

  • Empire State Development Grant Funds  
  • Excelsior Jobs Tax Credits
  • Market New York
  • Business Incubator and Innovation Hot Spot
  • Economic Development Purposes Fund
  • Strategic Planning and Feasibility Studies
  • Environmental Investment Program  
  • Industrial Development Bond Cap

Please refer to for announcements and updates on future funding opportunities through the CFA 

Contact/Additional Program Information

For more information, eligible applicants should visit, which includes contact information for the appropriate ESD Regional Office covering the project area.

State Small Business Credit Initiative

On June 28, 2011, Governor Andrew M. Cuomo signed legislation that established the use of State Small Business Credit Initiative (SSBCI) funds for three economic development programs. These programs will enable small businesses to leverage new capital and credit to help them create private sector jobs.

The SSBCI is part of President Obama' s Small Business Jobs Act of 2010, which supports state-level small business credit programs.  New York' s access to $55.4 million in SSBCI funds is expected to generate over $554 million in new private capital for small businesses.

Grant, Loan and Tax Credit Programs:

Better Buffalo Fund
Build Now-NY/Shovel Ready Program
Commercial District Revolving Loan Trust Fund
Community Development Financial Institution Assistance Program (CDFI)
Craft Beverage Marketing and Promotion Grant Program
Craft Beverage Industry Tourism Promotion Grant Program
- This program is now closed; no new proposals will be accepted.
Economic Development Fund
Economic Development Purposes Grants
2014 Economic Transformation Program (ETP)
Economic Transformation Program (ETP)

Entrepreneurial Assistance Program (EAP)
Excelsior Jobs Program
Environmental Investment Program - This program is closed to new entrants.
Healthy Food & Healthy Communities Fund
Industrial Effectiveness Program (IEP)
Job Development Authority (JDA) Direct Loan Program
Jobs Retention Program (ESJRP)
Manufacturing Assistance Program (MAP)
Metropolitan Economic Revitalization Fund (MERF)
Micro Lending Program
Minority- and Woman-Owned Business Investment Fund
Minority and Women-owned Business Lending (MWBDL) Program
Minority and Women Revolving Loan Trust Fund Program
New Farmers Grant Fund
Regional Council Capital Fund (ESD Grants - REDC)
Regional Revolving Loan Trust Fund (RRLTF)
Restore New York Communities Initiative
Small Business Revolving Loan Fund
Strategic Planning and Feasibility Study Program
Transportation Capital Assistance Program   
Urban and Community Development Program (UCDP)


Tax Credits:

Brownfield Cleanup Program
Empire State Music and Theatrical Production Tax Credit Program
Empire Zones - This program is closed to new entrants.
Employee Training Incentive Program
New Markets Tax Credits
New York State Film Tax Credit Program

New York State Commercial Tax Credit
Other Tax Credits & Incentives

Other Financing and Technical Assistance:

Business Mentor NY
Bridge to Success Loan Program
New York State Surety Bond Assistance Program (NYSSBAP)
The Capital Access Program
Environmental Assistance
Export Marketing Assistance Service (EMAS)
Governor's Office of Motion Picture & Television Development
The Innovate NY Fund
Linked Deposit Program (LDP)
New York Beverage Business (Beer, Spirits & Wine)
New York Empowerment Zone (NYEZ)
New York State Land Bank Program (NYSLBP)
New York State Innovation Venture Capital Fund (NYSIVC)
Procurement Assistance Program
State Trade & Export Promotion (STEP) Global NY Exports Program
World Trade Center Rent Reduction Program (WTC RR)
Yahoo Community Fund for Niagara County (YCFNC)

For Information - these programs are not currently accepting applications:

Upstate Regional Blueprint & Downstate Revitalization Funds


Return to the Previous Page