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Financing Incentives

Empire State Development Loans and Grants

This Empire State Development program offers financial assistance for major business expansion and attraction efforts that will create or attract significant numbers of permanent, full-time, private sector jobs. The programs assist businesses with construction and expansion of facilities, acquisition of equipment and the recruitment, hiring and training of full-time, permanent employees. For more information, please click here.

CNY Quasi Equity-Fund

The Central New York Quasi-Equity Fund is designed to support the growth, start-up and retention of manufacturing and producer-service firms in Central New York by providing “quasi-equity” or mezzanine type financing. For more information, please click here.

GSBDC Revolving Loan Fund

GSBDC Revolving Loan Fund (RLF) is a flexible loan fund available to assist the establishment of new businesses and the expansion of existing businesses within Central New York. For more information, please click here.

CNY Enterprise Development Fund

The Enterprise Development Loan Fund assists businesses with the costs associated with starting or expanding operations in Central New York.  The loan program serves as a resource to small businesses (primarily small manufacturing companies and some service related operations), and aids in creating jobs and bringing new wealth into the Central New York community. For more information, please click here.   
 

The Onondaga County Revolving Loan Fund

The Onondaga County Revolving Loan Fund (OCRLF) provides low-interest financing to assist small businesses in Onondaga County to implement solutions that improve the energy performance of their facilities and value added processes. Loans may be used to fund energy efficiency projects involving the improvement of existing facilities or the purchase of equipment to implement energy efficiency solutions. For more information, please click here.


Additional Financing Incentives


 TYPE OF ASSISTANCE  CONTACT
Capital Investment Grants and Loans for for-profit businesses ESD, CNYRPDB, GSBDC
Industrial Revenue Bonds      OCIDA, SIDA
Seed Capital Funds The Technology Garden
Venture Capital Funds Technology Garden, UVANY
Small Business Innovation Grants CNYTDO
Grants for Entrepreneurs CenterStateCEO
Energy & Environmental grants & loans National GridNYSERDA
Bond Financing for Non Profit Institutions (Cultural, Educational, Hospital) CRT, OCDC
LEED Building Tax Management  Incentives and Grants OCIDA, SIDA, NYSERDA
Connective Corridor Hospitality Enterprise Fund GSBDC