Wayne County
Energy
Building Redevelopment Program
Location: Wayne County
Category: Energy
Audience: Small to Large Sized Business
Details: Grants to fund utility-related infrastructure improvements necessary for the redevelopment of brownfields and abandoned buildings.
Capital Investment Incentive Program
Location: Wayne County
Category: Energy
Audience: Small to Large Sized Business
Details: Grants to fund improvements for electric infrastructure or certain business projects that involve major capital investment.
New York State Energy $mart Loan Fund
Location: Wayne County
Category: Energy
Audience: Small to Large Sized Business
Details: Investments may qualify for a 4% reduction in a financial institution's loan rate from New York State for the life of the loan.
NYSERDA Existing Facilities Program
Location: Wayne County
Category: Energy
Audience: Small to Large Sized Business
Details: NYSERDA rebates on approved energy efficient equipment such as lighting, motors, geothermal heat pumps, and HVAC refrigeration.
Power Naturally
Location: Wayne County
Category: Energy
Audience: Small to Large Sized Business
Details: Installation of 50kW or smaller end-use solar or wind energy system. Must be grid connected. $4.00/watt incentive for solar systems.
Small Commercial Energy Audit Program
Location: Wayne County
Category: Energy
Audience: Small to Large Sized Business
Details: NYSERDA provides financial assistance for the cost of an energy audit and matching funds for implementation of audit recommendations.
Utility Infrastructure Investment Program
Location: Wayne County
Category: Energy
Audience: Small to Large Sized Business
Details: Provide funding for new electricity facilities to assist in the development of certain sites or buildings. These sites represent the service area's best potential industrial development opportunities. Primary focus is on sites which are: state-designated as Shovel Ready, located in an Empire Zone, part of the City of Rochester Renewal Community, or included in RG&E's own Prime Sites Program. Other sites will be considered based on economic impact to the community.
Grants
Environmental Investment Program
Location: Wayne County
Category: Grants
Audience: Small to Medium Sized Business
Details: Provides funding for capital investments, research, development and demonstration, and technical assistance that produce measurable results in pollution prevention, reuse and recycling.
Federal Grant Programs
Location: Wayne County
Category: Grants
Audience: Small to Large Sized Business
Details: Grants.gov is a comprehensive source to find and apply for federal grants. It contains more than 1,000 grant programs.
Global Export Market Service
Location: Wayne County
Category: Grants
Audience: Small to Medium Sized Business
Details: Helps businesses expand through increased export activities. Can provide up to $25,000 in export marketing consultant services for individual companies, and up to $50,000 for groups of companies or industry associations.
Industrial Effectiveness Program
Location: Wayne County
Category: Grants
Audience: Small to Medium Sized Business
Details: Assists companies in identifying, developing and implementing improved management and production to enhance efficiency, expand market share and promote job growth.
New York State's Manufacturing Extension Program
Location: Wayne County
Category: Grants
Audience: Small to Medium Sized Business
Details: Grants of up to $60,000 to private consultants. They will identify, develop and implement improved management and production processes for businesses to expand market share and promote job growth or retention within New York State.
Small Cities Grant
Location: Wayne County
Category: Grants
Audience: Small to Large Sized Business
Details: Expansion projects that create/retain jobs.
Loans
Genesee/Finger Lakes Regional Revolving Loan Fund
Location: Wayne County
Category: Loans
Audience: Small to Large Sized Business
Details: Purchase of machinery and/or equipment, rehabilitation of industrial property, purchase of industrial property and site development and expansion. Also has a companion loan fund that can finance working capital needs.
Industrial Loan Fund Program
Location: Wayne County
Category: Loans
Audience: Small to Large Sized Business
Details: Provides short-term loans of up to $35,000 to small businesses and not-for-profit child-care centers for working capital or the purchase of inventory, supplies, furniture, fixtures, machinery and/or equipment.
Microenterprise Revolving Loan Fund
Location: Wayne County
Category: Loans
Audience: Small Sized Business
Details: Purchase fixed assets and working capital.
New York State Business Development Corporation Loan Program
Location: Wayne County
Category: Loans
Audience: Small to Medium Sized Business
Details: NYBDC is a complement to conventional banking, working in partnership with banks to provide term loans, many of which do not meet the requirements for traditional financing. Our goal is to be more creative in our underwriting. In many cases, we include multiple participations, SBA guarantees, flexible amortization and long-term payouts.
New York State Job Development Authority Direct Loan Program
Location: Wayne County
Category: Loans
Audience: Small to Large Sized Business
Details: Loans from $50,000 to $3.5 million to encourage businesses to expand, locate or modernize their facilities in New York State.
New York State Linked Deposit Program
Location: Wayne County
Category: Loans
Audience: Small to Medium Sized Business
Details: The program provides a two to three percentage points savings on the prevailing interest rate for "Linked Loans," to make borrowing less expensive. The maximum loan amount of $1,000,000 for four years.
Section 108 Loan Program
Location: Wayne County
Category: Loans
Audience: Small to Large Sized Business
Details: Economic and community development projects that have the potential to renew communities.
Small Business Administration 504 Loan Program
Location: Wayne County
Category: Loans
Audience: Small Sized Business
Details: Expansion projects that create/retain jobs, real estate projects or acquisition of machinery and equipment.
Small Business Administration 7A Loan Guarantee Program
Location: Wayne County
Category: Loans
Audience: Small Sized Business
Details: Real estate, equipment, working capital and other business purposes.
Small Business Administration 7M Micro Loan Program
Location: Wayne County
Category: Loans
Audience: Small Sized Business
Details: Provides short-term loans of up to $35,000 to small businesses and not-for-profit child-care centers for working capital or the purchase of inventory, supplies, furniture, fixtures, machinery and/or equipment.
Wayne County Revolving Loan Fund
Location: Wayne County
Category: Loans
Audience: Small to Large Sized Business
Details: Purchase of land, construction, renovation, machinery and equipment and working capital.
Tax Abatement
Sales Leaseback Agreements - Payment In Lieu of Taxes (P.I.L.O.T.) Program
Location: Wayne County
Category: Tax Abatement
Audience: Small to Large Sized Business
Details: The following benefits are available to companies who enter into a Sales Leaseback Agreement with an IDA.
Real Property Tax Abatement - Abatement of the real property tax for a designated period of time.
New York State Sales Tax Exemption - Sales tax exemptions on the purchases and costs associated with creating/retaining jobs. Examples: sales tax associated with contractor costs, business vehicles sales tax.
Mortgage Recording Tax Exemption - Local mortgage recording tax is waived.
Tax Credits
Excelsior Investment Tax Credit
Location: Wayne County
Category: Tax Credits
Audience: Small to Large Sized Business
Details:
Valued at 2% of qualified investments in a strategic industry. A job increase of 25 full-time employees is required for companies within the Manufacturing Industry, 10 for Agriculture, 100 for Financial Services, 10 for Scientific R & D, 10 for Software Development, and 150 for Back Office Operations or Distribution Centers. Alternatively, a firm may apply for the credit if it can demonstrate a minimum 10:1 benefit cost ratio that results in $10 worth of investments, new wages, and benefits for every $1 of tax credit received.
Click here to view details. |
Excelsior Jobs Tax Credit
Location: Wayne County
Category: Tax Credits
Audience: Small to Large Sized Business
Details:
A $2,500 to $5,000 credit per new job in strategic industries to cover a portion of associated payroll costs. A job increase of 25 full-time employees is required for companies within the Manufacturing Industry, 10 for Agriculture, 100 for Financial Services, 10 for Scientific R & D, 10 for Software Development, and 150 for Back Office Operations or Distribution Centers. Alternatively, a firm may apply for the credit if it can demonstrate a minimum 10:1 benefit cost ratio that results in $10 worth of investments, new wages, and benefits for every $1 of tax credit received.
Click here for more details. |
Excelsior Research & Development Tax Credit
Location: Wayne County
Category: Tax Credits
Audience: Small to Large Sized Business
Details:
A 10% credit for new expenditures based on the Federal Research and Development credit. A job increase of 25 full-time employees is required for companies within the Manufacturing Industry, 10 for Agriculture, 100 for Financial Services, 10 for Scientific R & D, 10 for Software Development, and 150 for Back Office Operations or Distribution Centers. Alternatively, a firm may apply for the credit if it can demonstrate a minimum 10:1 benefit cost ratio that results in $10 worth of investments, new wages, and benefits for every $1 of tax credit received.
Click here for more details. |
New York State Investment Tax Credit
Location: Wayne County
Category: Tax Credits
Audience: Small to Large Sized Business
Details: The investment may qualify the business to receive up to a 10% tax credit on their investments.
New York State Research and Development Tax Credit
Location: Wayne County
Category: Tax Credits
Audience: Small to Large Sized Business
Details: Investments in research and development facilities are eligible for a 9% corporate tax credit. Additional credits are available to encourage the creation and expansion of emerging technology businesses, including a three-year job creation credit of $1,000 per employee and a capital credit for investments in emerging technologies.
Workforce Development
New York State Training Grants
Location: Wayne County
Category: Workforce Development
Audience: Small to Large Sized Business
Details: Funding available for up to 50 percent of any training project, training in new technologies, skills or work processes, training in a classroom setting and/or on-the-job, funding for consortia projects, and funding for small business training projects.