Funding for capital improvements

NYC Industrial Development Agency

A series of tax incentives to lower the costs of constructing, renovating, and owning facilities for NYC industrial businesses, run out of the NYC Economic Development Corporation.

Learn more about the IDA here  

Industrial Developer Loan Fund

Strategic debt capital in the form of subordinate loans for industrial-related uses to selected applicants experiencing a gap in their funding sources. The IDLF provides financing for the acquisition of land, properties, and/or equipment for industrial facilities and/or construction related to industrial facilities, including new construction, renovation, or retrofitting. IDLF is targeted to qualified for-profit and nonprofit real estate developers, as well as companies who use or lease industrial space, with partial public gap financing assistance.

ITAC 

ITAC, the New York City chapter of the nationwide Manufacturing Extension Partnership (MEP) network, is part of the largest consulting network in the US serving manufacturing and technology companies with fewer than 500 employees. ITAC has access to an unparalleled knowledge base, and works with small and mid-sized manufacturers throughout the five boroughs to help them expand into new markets, create innovative products, develop their customer base, find new partners, improve their processes, and develop sustainable practices.

Industrial and Commercial Abatement Program (ICAP)

ICAP grants abatements on real estate property taxes for renovated and newly-constructed commercial and industrial buildings. Properties must be improved by at least 30% of their assessed value to qualify for the abatement. Industrial properties improved by at least 40% of their assessed value are eligible for additional abatement. Benefits can last up to 25 years depending on location, and restrictions on retail activity apply. 

Commercial Expansion Program (CEP)

The Commercial Expansion Program (CEP) is designed to increase tenant occupancy in commercial officers and industrial/manufacturing spaces. CEP provides property tax benefits for qualified new, renewal, and expansion leases in commercial offices and industrial/manufacturing spaces built before January 1st, 1999. The properties must be located in a designated abatement zone. Applicants are also required to make certain minimum physical improvements to the eligible premises and common areas

NYC Retrofit Accelerator

The NYC Retrofit Accelerator offers free, personalized advisory services that streamline the process of making energy efficiency improvements to your building that will reduce operational costs, enhance tenant comfort, and improve the environment. 

real estate: space and relocation

Brooklyn Army Terminal (BAT) 

Affordable real estate hub for modern industrial businesses, entrepreneurs, and innovators in New York City. Located on the Sunset Park waterfront in Brooklyn, adjacent to the Brooklyn-Queens Expressway, N-R trains, the NYC Ferry Service, and managed by the NYC Economic Development Corporation, BAT provides manufacturers and industrial firms with the tools and space they need to grow and succeed.

Brooklyn Navy Yard

The Brooklyn Navy Yard is a mission-driven industrial park in Vinegar Hill, Brooklyn, that demonstrates how modern manufacturing can thrive in urban America. BNY stands for an equitable approach to economic development, providing an enabling environment for manufacturing businesses creating middle-class jobs, and partnering with the local community to ensure access to those opportunities. Concierge services by BNY staff provide workforce matching and business development opportunities to tenant businesses.

Learn more about the Brooklyn Navy Yard (BNY)

Greenpoint Manufacturing and Design Center (GMDC)

The Greenpoint Manufacturing and Design Center (GMDC) is a non-profit industrial developer and property manager that provides affordable space for industrial and manufacturing businesses at locations throughout Brooklyn and Queens.

Relocation and Employment Assistance Program (REAP)

A twelve-year annual tax credit of $3,000 is available for each qualified job relocated into targeted areas, and $1,000 in non-targeted areas. Benefits for new hires are also available. Businesses are qualified if they are relocating toe New York City, or from below 96th street in Manhattan to any other area of the city, with some restrictions for business moving from south of Houston Street. REAP benefits are also available to businesses relocating into lower Manhattan. Improvements to buildings are required, and retail firms are ineligible.

Learn more about the Relocation and Employment Assistance Program (REAP)

Industrial Business Zone (IBZ) Relocation Credit

A one-time tax credit is available for manufacturing firms moving into targeted Industrial Business Zones (IBZs) throughout the city. Businesses are credited for eligible moving costs up to the lesser of $1,000 per employee relocated, or $100,000. 

Learn more about the IBZ Relocation Credit

licenses and permitting

NYC Business Dashboard

Manage all of your business transactions with a variety of city agencies in one location: search for and track the status of your applications, licenses, and permits, and find and pay for violations.

Learn more about the NYC Business Dashboard and create your own account here

NYC Business License and Permit Index

In one location, search for and understand the City, State, and Federal regulations, licenses, and permits you need to start, run, or grow your business in New York City based on your business type 

See the NYC License and Permit Index here

NYC Business Wizard

Get a customized list of requirements for your business. Answer questions about your business to get a full list of the City, State, and Federal licenses and permits you need, as well as additional information and resources you may want to know.  

NYC Compliance Advisors

The NYC Department of Small Business Services offers no-cost compliance consultants to help businesses how to comply with key City rules and regulations to avoid receiving common violations and fines. SBS’s on-site consultation walkthroughs will help businesses understand common compliance challenges faced by new or operating business owners in New York City. SBS will not issue violations or fines—they are there to help businesses understand rules from the Department of Health and Mental Hygiene (DOHMH), the Department of Sanitation (DSNY), the Department of Consumer and Worker Protection (DCWP), Department of Environmental Protection (DEP), Department of Buildings (DOB), and the Fire Department (FDNY) prior to formal inspections from these agencies.

Learn more about Compliance Advisors and Sign up for a Consultation Here

business operations

NYC Business Service Support

NYC’s Department of Small Business Services provides courses, programs, guides, hiring assistance, and training to help operate your business

Learn more about SBS Business Service support here

NYC DOT’s Off-Hour Delivery (OHD) Program

The NYC Department of Transportation provides support and assistance to companies and organizations transitioning to deliveries between 7pm and 6am within New York City to facilitate quicker and more efficient deliveries, less double parking, fewer conflicts, and noise reduction. NYC DoT would also like to hear from truck and delivery equipment providers and manufacturers who have equipment that could reduce noise during the delivery process. 

Licensed Waste Hauling Companies

All private commercial establishments and businesses are responsible for contracting with private waste haulers to manage their commercial waste. The NYC Business Integrity Commission provides a list of trade waste companies that are authorized to work within the City of New York

See the full list here

Con Ed Business Energy Efficiency Upgrades

Consolidated Edison Inc’s Commercial Industrial Program offers cash incentives for installing energy efficient electric and gas equipment. These upgrades can reduce your business’s energy use, which saves maintenance costs and improves your bottom line.

Learn more here

National Grid economic development initiatives

National Grid’s Shovel Ready programs offers a suite of initiatives, developed in concert with NYS Public Service Commission, to support business growth through energy efficiency and productivity, energy infrastructure, marketing, site and community development, and renewable energy programs.

Learn more about National Grid’s programs here

New York State Energy Research and Development Authority (NYSERDA)

NYSERDA has several programs that help lower businesses’ energy bills, reduce environmental impact, and support clean energy and transportation in New York State.

Learn more about NYSERDA’s programs here

NYC 311

Report issues with illegal dumping, graffiti, illegal parking, unmaintained or broken infrastructure, or obtain information on any city service and offerings by calling ‘311’ or clicking the link below.

Access the ‘311’ portal here

selling to the government

Sell to the City of New York

To sell goods and services to the City of New York, you must register as a vendor with the Department of Citywide Administrative Services’ (DCAS) Procurement and Sourcing Solutions Portal, or PASSPort. To see and respond to specific procurement and vending opportunities, vendors must create an account with City Record On-Line (CROL).

Learn more about selling to DCAS and the products and services purchased here

 

NYC Covid-19 Reopening Supplies Marketplace

As New York City businesses and institutions reopen after Covid-19, small businesses, nonprofits, individuals, and other organizations will need to purchase supplies in order to operate safely and efficiently. The Manufacturing and Industrial Innovation Council (MaiiC), with support from the Tech Talent Pipeline (TTP) and local industry partners have launched the NYC PPE + Reopening Supplies Marketplace. The Marketplace provides a one-stop shop for businesses to find products such as (i) facemasks and coverings, (ii) face shields, (iii) gloves, (iv) cleaning and disinfectant products, (v) thermometers, (vi) physical barriers and portable furniture, (vii) HVAC and air ventilation products and services, and (viii) other supplies needed for reopening. 

To access the Marketplace or list your own business as a vendor/supplier, click here

NYC Minority and Women-Owned Business Enterprises (M/WBE) Programming

The NYC Minority and Women-Owned Business Enterprise (M/WBE) program is designed to promote City government contracting and subcontracting opportunities for businesses certified as minority or women-owned with a real and substantial presence in New York City and surrounding counties.

learn more about M/WBE contracting

Procurement Technical Assistance Center (PTAC)

NYC Department of Small Business Services provides technical services to help you get started, build capacity, and navigate the different resources in government procurement at city, state, and federal levels. 

Sign up for webinars here

NY State M/WBE Procurement

The New York State Minority and Women-Owned Business Enterprise (M/WBE) program is designed to promote State government contracting and subcontracting for businesses certified as minority and women-owned, and providing the resources businesses need to pursue contracting opportunities with the State government.

Sign up for webinars here

NYSERDA Wind Power Supply

The New York State Energy Research and Development Authority maintains an offshore wind supply chain database of local, regional, and global companies with capacities to develop a local supply chain for a domestic offshore wind industry. To request placement in this database or to update your company’s information, please submit your company’s information or changes using NYSERDA’s Offshore Wind Supply Chain Database Request Form. The database is updated quarterly.

Sign up for webinars here

NYS Metropolitan Transportation Authority

The New York State Metropolitan Transportation Authority (MTA), which operates the NYC subways and buses, Long Island Railroad, Metro-North Railroad, and MTA Bridges and Tunnels, is one of the largest business drivers in the New York region. Whether it’s contracting opportunities, real estate, or marketing partnerships, from local mom-and-pop establishments to large corporations, the MTA can provide opportunities to expand your business.

To learn more click here

your local business service organization

The organizations below are trained specialists operating in each industrial business zone (IBZ) that can help your manufacturing, construction, transportation, wholesale, utility, infrastructure services, or film production business (i)connect to money-saving tax and other incentives, (ii) navigate government rules and regulations, (iii) apply for funding to launch or grow your business, (iv) recruit and train employees, and more. 

Long Island City Partnership (LICP)

Long Island City Partnership (LICP) is a western Queens-focused organization that provides affordable loans, incentive programs, government navigation assistance, place-based advocacy, and recruitment assistance for industrial businesses.

learn more

Southwest Brooklyn Industrial Development Corporation (SBIDC)

SBIDC is a Sunset Park, Gowanus, and Red Hookfocused organization that provides affordable loans, incentive programs, government navigation assistance, place-based advocacy, and recruitment assistance for industrial businesses.

learn more

Greater Jamaica Development Corporation (GJDC)

GJDC is a Jamaica and eastern Queensfocused organization that provides affordable loans, incentive programs, government navigation assistance, place-based advocacy, and recruitment assistance for industrial businesses.

learn more

Next Street

Next Street is the Manhattan-focused industrial business service provider that provides affordable loans, incentive programs, government navigation assistance, place-based advocacy, and recruitment assistance for industrial businesses.

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Staten Island Economic Development Corporation (SIEDC)

SIEDC is a Staten Islandfocused organization that provides affordable loans, incentive programs, government navigation assistance, place-based advocacy, and recruitment assistance for industrial businesses.

learn more

Evergreen Exchange

Evergreen Exchange is a Williamsburg, Greenpoint, Bushwick, and northern Brooklynfocused organization that provides affordable loans, incentive programs, government navigation assistance, place-based advocacy, and recruitment assistance for industrial businesses.

learn more

Business Outreach Center Network (BOC-NET)

BOC-Net is an organization focused on southern and central Queens, and eastern Brooklyn, that provides affordable loans, incentive programs, government navigation assistance, place-based advocacy, and recruitment assistance for industrial businesses.

learn more

East Brooklyn Business Improvement District (BID)

The East Brooklyn BID is an East New York-focused organization that provides affordable loans, incentive programs, government navigation assistance, place-based advocacy, and recruitment assistance for industrial businesses.

learn more

Gateway JFK Business Improvement District (BID)

Gateway JFK BID is a John F. Kennedy International Airport-focused organization that provides affordable loans, incentive programs, government navigation assistance, place-based advocacy, and recruitment assistance for industrial businesses.

learn more

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