The grant application period for Empire State Development remains open. Applications are reviewed on a rolling basis until funds are exhausted. Funds can be used for investments that enable private sector businesses or capital projects that create or retain jobs and are generally available for up to 20% of eligible costs, which include:
· Acquisition of land, buildings, machinery and/or equipment
· Demolition and environmental remediation
· New construction, renovation or leasehold improvements
Applicants with strong, shovel-ready projects are encouraged to apply. Contact IAED for more information, to assess eligibility, or for assistance with the application process.