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New York Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Borrowers must have at least a 10% equity interest in the project or business. Innovate NY Fund: A seed stage business equity fund with up to $47 million to support innovation, job creation and high growth entrepreneurship throughout the state. 10% Borrower Equity. The maximum award is a $50,000 grant. 40% JDA Loan.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Effective for facilities placed into service between January 1, 2011 and December 31, 2019. This program allows an approved business to offer an income tax credit to investors purchasing an equity investment in the business. The credit is capped at the lesser of $15 million or 50% of costs to establish the facility.

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