New York State Grant, Loan & Tax Credit Programs




Empire State Development (ESD) is New York’s chief economic development agency. ESD's mission is to promote a vigorous and growing economy, encourage the creation of new job and economic opportunities, increase revenues to the state and its municipalities, and achieve stable and diversified local economies.

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. Brockport is part of the Finger Lakes Regional Economic Development Council. Twelve State agencies have made funding available through the CFA process, including: Empire State Development; NYS Canal Corporation; Energy Research and Development Authority; Environmental Facilities Corporation; Homes and Community Renewal; New York Power Authority; Department of Labor; Office of Parks, Recreation and Historic Preservation; Department of State; Department of Environmental Conservation; Department of Agriculture and Markets; and the Council on the Arts.

Programs available through the Consolidated Funding Application:

Regional Council Capital Fund ($150 million)

Empire State Economic Development Fund ($20 million)

Urban and Community Development Program ($4 million)

Excelsior Jobs Tax Credits ($70 M)

Environmental Investment Program ($1 M)

Industrial Development Bond Cap ($350 M)


Through the use of loans, grants, tax credits and other forms of financial assistance, ESD strives to enhance private business investment and growth to spur job creation and support prosperous communities across New York State.

Grant, Loan and Tax Credit Programs available through Empire State Development:

Economic Development Fund

Entrepreneurial Assistance Program (EAP)

Excelsior Jobs Program

Environmental Investment Program

Job Development Authority (JDA) Direct Loan Program

JOBS Now

Micro Lending Program

Minority and Women-owned Business Lending (MWBDL) Program

Regional Council Capital Fund

Regional Revolving Loan Trust Fund (RRLTF)

Small Business Revolving Loan Fund

Tax Credits:

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:

Environmental Assistance

Governor's Office for Motion Picture & Television Development

The Innovate NY Fund

Linked Deposit Program (LDP)

New York State Land Bank Program

Procurement Assistance Program


Small Business Credit Initiative (SSBCI)
In June 2011, legislation was signed that established the use of State Small Business Credit Initiative (SSBCI) funds for three economic development programs ("Grant, Loan and Tax Credit Programs;" "Tax Credits;" and "Other Financing and Technical Assistance"). These programs will enable small businesses to leverage new capital and credit to help them create private sector jobs.

The SSBCI is part of the U.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.

For More Information:
For more information on Empire State Development's financial and technical assistance programs, click HERE. For information on contacting ESD's nine-couny, Finger Lakes regional econonic development office based in Rochester, click HERE.