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Why New York State?

Worker on Plug Power factory floor

We’re Here to Help Your Business Grow

Worker on Plug Power factory floor

There's a reason why the world's most innovative companies are choosing New York State. 

New York is leading by example, investing in people and places as well as in transformational technologies. From life-saving medical treatments to the latest in semiconductors, New York is at the forefront of innovation. 

Our world-class colleges, universities and workforce development programs are training tomorrow’s leaders. A growing green economy and revitalized downtowns make New York the best place to live, work and play—both now, and for a sustainable future.  

All of this is supported by historic investments in unrivaled infrastructure to connect our goods and services with the world.  

From top-tier talent across industries and nation-leading infrastructure to competitive incentives and unparalleled quality of life, there's no place like New York.

Discover the New York State Advantage

New York State: Home to a Diverse and Talented Workforce

Talented and Diverse Workforce

New York businesses find strength in diversity, with top-tier colleges and growing numbers of STEM grads all building tomorrow’s workforce.

Unparalleled Quality of Life

New York is home to innovative city centers, an abundance of great schools, arts and outdoor beauty.

Investing in Tomorrow’s Infrastructure

The future of New York business is on the upswing, with historic investments in infrastructure to build the new New York.
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Competitive Incentives

The Empire State’s many advantages for business include tax-based incentives, resources and training, and support for growth and innovation.

New York By The Numbers

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1,000+

Acres of shovel-ready sites

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0%

Corporate income tax rate for qualified manufacturers

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#1

In the Northeast for total number of STEM graduates

Strategic Industries in New York State

Agribusiness

Agribusiness

New York State agribusiness, supporting leading companies, is fueled by farms, rich natural resources and innovative agricultural startups.

Biotech and Life Sciences

Biotech and Life Sciences

Investment in biotech research and development, life science companies and talent, is building this world-class New York State industry.

Cleantech and Renewable Energy

Cleantech and Renewable Energy

New York State, a leader in clean tech and renewable energy resources, is growing a green economy—aiming for 100% clean power by 2040.

Craft Beverage

Craft Beverage

Breweries, wineries, distilleries and cideries are booming in New York State with support that has fueled craft beverage industry growth.

Digital Game Development

Digital Game Development

New York is a leader in the digital game development industry, home to globally recognized companies, top academic programs and talent

Distribution

Distribution

New York, with a vast transportation network and strategic access to East Coast markets, is a key distribution hub for major companies.

Financial Services and Insurance

Financial Services and Insurance

New York is a global tech and talent capital, home to leading commercial and investment banks, financial services, fintech firms and insurance companies.

Homeland and Cybersecurity

Homeland and Cybersecurity

New York State’s growing homeland and cybersecurity sector produces defense industry and commercial data protection products and services.

Industrial Machinery and Systems

Industrial Machinery and Systems

New York’s design and production of industrial machinery and systems is enhanced by research that helps manufacturers improve efficiency.

Materials Processing

Materials Processing

New York State’s materials processing manufacturers—of alloys, ceramics, polymers and more—create many industries’ “enabling technology.”

Optics, Photonics and Imaging

Optics, Photonics and Imaging

Optics, photonics and imaging (OPI) is growing in New York State, with R&D and talent and establishing the Finger Lakes as an industry hub.

Semiconductors

Semiconductors

With a highly educated workforce, world class R&D assets, advanced infrastructure, and globally competitive incentives, New York State is well positioned to play a leading role in America’s semiconductor manufacturing resurgence.

Software and Digital Media

Software and Digital Media

New York State’s thriving tech community and top STEM talent puts the state at the forefront of software development and digital media.

Tech and Electronics

Tech and Electronics

With robust R&D, tech and talent, New York State is growing the electronics industry from semiconductors and photonics to nanotechnology.

Transportation Equipment

Transportation Equipment

New York State is the nation’s largest producer of equipment for the transit industry and a hub for unmanned aerial system development.

More Reasons to Choose New York

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#2 in the U.S.

New York is home to many Fortune 500 HQs

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$3 Billion

In refundable Excelsior Jobs Program Tax Credits, enhanced for green projects

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$29B+ in Venture Capital

Invested in 2022 with 33 companies reaching unicorn status

Contact Us

Is your business planning an expansion or relocation? Are you a business or site selector ready to submit a formal Request for Information – seeking sites and incentives?

New York State has a team of industry experts helping site selectors and companies navigate growth and expansion in New York State.

We offer a suite of resources to fit the individual needs of your business, including, conducting confidential site searches, accessing competitive performance-based incentives, connecting with local workforce training providers, partnering with our statewide Centers of Excellence and R&D facilities at some of the country’s top educational institutions and tapping New York’s unmatched talent pool

Contact us today to start working with us on your project!  

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Headshot of Jeff Janiszewski
Jeff Janiszewski
Sr. Vice President of Strategic Business Development