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New York Incentives and Workforce Development Guide

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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 INCENTIVES GUIDE

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HEALTHY FOREST ENTERPRISE INCENTIVES PROGRAM (HF): Provides incentives for certified businesses that are primarily engaged in harvesting, initial processing or transporting of qualifying forest products. EQUITY INVESTMENT TAX CREDIT: Targeted toward new, technology-based businesses that pay wages in excess of the state or county average wage.

Income 75
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State by State Incentives Guide

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Companies must be less than five years old; have an annual payroll between $100,000 and $1 million; show proof of an equity investment of at least $250,000; pay at least 150% of the lesser of the state or county average hourly wage where the business is located; and meet requisite payroll thresholds.

Income 108