New York

New York offers various programs to encourage business expansion, workforce development, and job creation across the state. Programs like the Excelsior Jobs Program and START-UP NY provide tax incentives and support for businesses in high-growth industries, while additional resources help small businesses with consulting, training, and regional development.

Excelsior Jobs Program

• Purpose: Encourages businesses to expand in and relocate to New York.
• Eligibility: Businesses in targeted industries that create and maintain new jobs.
• Benefit: Refundable tax credits based on job creation and investment levels.
• Application process: Apply through Empire State Development.
• More info: Focuses on high-tech, bio-tech, clean-tech, and manufacturing sectors.

New York grants for small businesses

For New York grants for small businesses, the Excelsior Jobs Program offers significant tax credits for businesses that contribute to job creation and investment, fostering growth in high-priority industries.

Other relevant programs in New York

• START-UP NY: Provides tax-free zones for new and expanding businesses partnering with colleges and universities. Eligible businesses can operate tax-free for 10 years. Applications are managed through participating academic institutions, focusing on high-tech industries and job creation near educational centers.
• Employee Training Incentive Program (E-TIP): Offers a refundable tax credit covering 50% of eligible training costs, up to $10,000 per employee. Supports skill enhancement for existing employees and internship programs. Applications are processed through Empire State Development.
• New York State Small Business Development Center (SBDC): Provides free one-on-one business counseling and training programs for small businesses and entrepreneurs, with support in business planning, financing, marketing, and more. Applications are available through local SBDC offices.
• Regional Economic Development Councils (REDC): Supports region-specific economic development projects with grants and incentives aligned with local priorities. Applications are submitted through the annual Consolidated Funding Application (CFA) process.

Note: For the latest information on these programs, check with Empire State Development and relevant New York state agencies, as program details may change over time.