Incentive Programs
New York City Economic Development Corporation (NYCEDC) manages BAT and can also help you determine if your company qualifies for valuable programs like tax-exempt financing, employee recruitment and training services, or other business resources.
Commercial Expansion Program
The Commercial Expansion Program (CEP) is a package of tax benefits designed to help qualified businesses relocate and expand in designated areas of New York City. CEP benefits may include:
- Enhanced relocation and employment assistance
- Industrial and commercial incentives
NYCEDC Energy Discount Programs
NYCEDC works closely with New York City Department of Small Business Services, which administers numerous energy discount programs that may help your business operate more efficiently and productively. One example is below:
- With the Energy Cost Savings Program, the delivery component of electricity bills can be reduced by 45 percent. Furthermore, the delivery component of natural gas bills can be reduced by 35 percent.
New York State Empire Zone Benefits
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. We offer loans, grants and tax credits, as well as other financing and technical assistance, to support businesses and encourage their growth within New York State.
Additional Information
For more information on programs for which your company may be eligible, explore NYCEDC’s Financing Incentives.
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