There are a number of incentives available to Cayuga County businesses through local, state, and federal agencies.

Local Incentives

Cayuga County Industrial Development Agency & Auburn Industrial Development Authority

  • Financing assistance (Sales tax abatement, Property tax abatement, Mortgage tax abatement, tax exempt below market financing)
  • Technical assistance
  • Access to shovel-ready development sites
  • Coordinating/supporting collaboration between public and private entities

Links for Applications and Forms

Cayuga County Development Corporation

  • Below market financing
  • Technical assistance

New York State Incentives

Empire State Development

  • START-UP NY (SUNY Tax-free Areas to Revitalize and Transform Upstate NY): initiative to transform SUNY campuses and other university communities across the state into tax-free communities for new and expanding businesses
  • Excelsior Jobs Program: Tax credits available for strategic businesses such as high tech, bio-tech, clean-tech and manufacturing that create jobs or make significant capital investments
  • Qualified Emerging Technology Companies (QETCs): Tax incentives for investment and job creation in production and/or R&D of emerging technologies
  • Investment Tax Credit (ITC): tax credits of up to 10% for businesses that create new jobs and make new investments in production property and equipment
  • Research and Development (R&D) Tax Credit:  up to 9% corporate tax credit for eligible investments in R&D facilities.
  • Brownfield Cleanup Program: Liability relief and tax credits for the cleanup and redevelopment of brownfield sites
  • For a full list of all financial assistance programs, visit http://www.empire.state.ny.us/BusinessPrograms.html

Regional Economic Development Councils


Daniel Kolinski, Deputy Director of Empire State Development, Central New York Region, presents information about the 2019 round of NYS funding for potential projects during a Facebook Live session at 2 State Street.

Daniel Kolinski of Empire State Development presents information about this year’s round of NYS funding for potential projects.

Posted by Cayuga Economic Development on Monday, March 11, 2019

For more information on how CEDA can assist your business, please contact us.