Empire State Development Programs
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 there to help.
ESD offers 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 requests for funding in order to grow the economy of the North Country region.
The following programs are available through the CFA:https://apps.cio.ny.gov/apps/cfa/contractReporter.cfm#DirectAssistance
State Small Business Credit Initiative
In early 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.
Other Loans and Grants Programs:
Community Development Financial Institution Assistance Program (CDFI)
Economic Development Fund
Entrepreneurial Assistance Program (EAP)
Entrepreneurial Assistance Center serving Potsdam: Adirondack Economic Development Corporation
Global Market Export Services (GEMS)
Healthy Food & Healthy Communities Fund
Industrial Effectiveness Program (IEP)
Job Development Authority (JDA) Direct Loan Program
Manufacturing Assistance Program (MAP)
Minority and Women-owned Business Lending (MWBDL) Program
Minority and Women Revolving Loan Trust Fund Program
Regional Revolving Loan Trust Fund (RRLTF)
Funds for this program are available through the North Country Alliance
Small Business Revolving Loan Fund
Transportation Capital Assistance Program
Urban and Community Development Program (UCDP)
Brownfield Cleanup Program
New Markets Tax Credits
New York State Film Production Credit
New York State Post Production Credit
Other Tax Credits & Incentives
Other Financing and Technical Assistance:
The Bonding Guarantee Assistance Program
The Capital Access Program
Export Marketing Assistance Service (EMAS)
Linked Deposit Program (LDP)
Procurement Assistance Program
For a current list of available programs through ESD, click here.