Investing in Business, Workforce and Infrastructure
In addition to local business incentive programs, New York State and partner utility programs activate, accelerate and improve beneficial projects in our community.
See how the GCEDC can assist your business
What savings do manufacturers have in New York?
Manufacturing businesses operating in New York do not encounter common taxes that other states assess.
- 0% corporate income tax for manufacturing
- 0% tax on personal property
- 0% tax on manufacturing equipment
- 0% tax on inventory
What incentives programs are available for businesses in New York?
Businesses locating and expanding in Genesee County are eligible for New York’s tax-based incentives.
New York’s Consolidated Funding Application (CFA) and Workforce Development Initiative (WDI) support businesses and community projects through targeted funding programs.
New York FAST NY supports businesses and community infrastructure needs with targeted funding programs.
(Discover how the GCEDC and our partners support business -> Success Stories)
How can utility providers support a business in Genesee County?
The New York Power Authority's (NYPA) economic development programs can assist businesses locating and expanding in Genesee County with long-term, low-cost agreements for reliable and renewable energy. NYPA programs include Western New York Hydropower (available to projects at the Science & Technology Advanced Manufacturing Park (STAMP) and ReChargeNY.
National Grid's economic development programs can assist businesses locating and expanding in Genesee County with incentives supporting construction/upgrades to a customer's electric utility.
National Fuel's economic development programs can assist businesses locating and expanding in Genesee County with incentives providing reduced natural gas rates for qualifying projects.
Learn more about the organizations supporting growth in Genesee County
