Empire State Development
Albany | New York | New York City, United States of America
Overview
Company details and contact information.
About
About Empire State Development . . New York’s diversity and strengths are enabling groundbreaking life science innovation... Through strategic investment in biopharmaceutical, device and diagnostic research, development and manufacturing, New York fuels the creation of cutting-edge healthcare solutions. New York is growing its life science industry through a broad range of economic development programs and public-private partnerships, supported by the state’s award-winning research talent. New York is expanding the state’s ability to commercialize research and spurring the growth of a world-class life science research cluster. New York’s diversity and strengths are enabling groundbreaking life science innovation through strategic investment in biopharmaceutical, device and diagnostic research, development and manufacturing, New York fuels the creation of cutting-edge healthcare solutions. New York is growing its life science industry through a broad range of economic development programs and public-private partnerships, supported by the state’s award-winning research talent. And through its $620 million Life Science Initiative, New York is expanding the state’s ability to commercialize research and spurring the growth of a world-class life science research cluster. The mission of Empire State Development (“ESD”) is to promote a vigorous, inclusive and growing state economy, encourage business investment and job creation, and support diverse, local economies across New York State through the efficient use of loans, grants, tax credits, real estate development, marketing, and other forms of assistance. To support our economic development mission, ESD: invests strategically in infrastructure, innovation, place-making and revitalization, tradable sectors, and workforce development, with a focus on sustainability and historically disadvantaged populations across the state; is transparent and responsive to the needs of diverse communities and businesses across the state, including through the active participation of the Regional Councils; supports the retention and growth of existing businesses, the resilience of communities, and the development of new businesses and industries; promotes equality of economic opportunities for minority- and women-owned businesses (“MWBEs”) and Service-Disabled Veteran-Owned Businesses (“SDVOBs”); assists in the development of underutilized property to spur community revitalization, housing, and commercial activity; provides early-stage support for new ventures, including the research and development and commercialization of new technologies; and strengthens New York State’s innovation-based economy through partnerships with our acclaimed universities, promoting entrepreneurialism through the development of incubators and next-generation manufacturing and technology hubs across the state. Empire State Development (ESD) is the lead economic development agency for New York and offers site selection support and access to robust incentives, including the $3B excelsior tax credit program which is enhanced for green projects. ESD focuses on attracting strategic industries including energy storage, while also investing significantly into preparing industrial sites. ESD facilitates the $400m FAST NY shovel ready grant program as well as the $300m POWER UP initiative. Together, these programs seek to create shovel ready, power ready sites well suited to advanced manufacturing. To date, the FAST NY program has improved over 4,000 acres of industrial property. The strategic business team at ESD provides tailored service to companies seeking sites, incentives, workforce information, at local connections in New York. Empire State Development (ESD) is the lead economic development agency for New York and offers site selection support and access to robust incentives, including the $3B excelsior tax credit program which is enhanced for green projects. ESD focuses on attracting strategic industries including energy storage, while also investing significantly into preparing industrial sites. ESD facilitates the $400m FAST NY shovel ready grant program as well as the $300m POWER UP initiative. Together, these programs seek to create shovel ready, power ready sites well suited to advanced manufacturing. To date, the FAST NY program has improved over 4,000 acres of industrial property. The strategic business team at ESD provides tailored service to companies seeking sites, incentives, workforce information, at local connections in New York.
- Address
- 625 Broadway, Albany NY 12245, United States of America | 655 Third Avenue, New York NY 10017, United States of America | 655 Third Avenue, New York City NY 10017, United States of America
People
Contacts connected to this company.
David Whipple
Senior Director, Industry Development