Businesses interested in investing in the Capital Region may be eligible for economic development tax incentives and grant funding.

Incentives include financial assistance, infrastructure development grants, tax credits and exemptions, customized training, and technical support programs. The eligibility requirements differ from program to program.

CEG assists with incentive program identification and coordination across local, regional, and statewide resources. Contact us for details. Let us be your navigator.

CEG also partners with several public and private organizations to support projects throughout the region. Our key economic development partners are:

Whether businesses are interested in renovating a building or infrastructure, purchasing new Equipment/Supplies, or training workers, CEG can help them identify the right tax incentives, grants or other funding mechanisms that meet their needs. 

Available Programs

Empire State Development (Grants & Loans)

Empire State Development Office of Workforce Development (Grants)

Empire State Development (Tax Credits)

National Grid (Grants)

NYSERDA (Grants)

Miscellaneous (Tax Exemptions)

Miscellaneous (Grants)

Miscellaneous (Venture Capital)

Industrial Development Agencies (IDAs)

There are 24 industrial Develop Agencies in the Capital Region with jurisdictions over entire counties or cities, towns and villages. IDAs are empowered to grant real property tax exemptions and PILOTs, issue bonds and execute straight leases. Check out the IDAs by County below:


Need Help Navigating?

Not sure what route is best for you? Reach out to our team and we’ll help set you in the right direction.


Funding Partners