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Additional Programs

New York State Department of labor business services

The New York State Department of Labor offers services to help small businesses grow. From assessing why employees leave and designing plans to fix the issue to tax credits New York state is dedicated to helping small businesses and startups grow.

Business Services Fact Sheet

HR Consulting Fact Sheet

Tax Incentives

REDC

The Regional Economic Development Councils (REDC) have redefined the way New York invests in jobs and economic growth by putting in place a community-based, bottom up approach. For more information about the Regional Economic Development Councils, click here.

Hot Spot

Governor Cuomo's Hot Spots will foster innovation by offering start-ups valuable business support services to help commercialize academic research and promote further collaboration between business and academia.

Southern Tier Startup Alliance

The STSA is a member organization of business incubators. Our purpose is to provide support to people starting and growing companies in the region. Our objective is to help increase the number of jobs in the region by diversifying the employment base and strengthening the economy.

 

COMPARING THE TAX BENEFITS
NYS INNOVATION HOT SPOT AND START-UP NY PROGRAMS
 

The NYS Innovation Hot Spot and START-UP NY Programs provide tax benefits to
participants that are similar but not identical. Businesses can participate in one but not
both Programs at the same time. To help businesses choose the Program that best fits
their needs, the attached guide has been prepared comparing the tax benefits of both
programs.


For more detailed information about the tax benefits under the START-UP NY and NYS
Innovation Hot Spot Programs, see the technical memorandums below:

Start-Up NY Technical Memorandum

Hot Spot Technical Memorandum

  

The Agency

The Agency is a public benefit corporation chartered by the State of New York that offers companies comprehensive services including needs assessment, site selection, financial incentives, and access to other public-sector programs. 

SPIR

The Strategic Partnership for Industrial Resurgence (SPIR) is an industry support service offered by SUNY engineering schools at Binghamton, Buffalo, and Stony Brook. SPIR was established to strengthen New York State's small and mid-sized businesses by helping them apply technology solutions to make them more competitive. For more information about SPIR, click here.

AM&T

Alliance for Manufacturing and Technology (AM&T)'s primary focus is to help their clients increase sales, recognize cost savings, create jobs and prosper. For more information about AM&T, click here.

Town of Union

The Town of Union is a great place to do business and provides financial assistance to start-up and expanding businesses. For more information about the Town of Union, click here.

Nexus

The goal of this New Energy Xcelerator (NEXUS) is to provide early-stage support to enable the development and validation of promising clean energy technologies that are, or will become, the platform for start-up companies located in New York State. For more information about Nexus, click here.

NYSTAR

Empire State Development's Division of Science, Technology and Innovation (NYSTAR)'s programs are designed to enable new and existing businesses to become more competitive through the use of innovative technologies, and emphasize the importance of working with industry to leverage the state's technology strengths to produce new products and, therein, new and expanded jobs in the state. For more information about NYSTAR, click here

The Greater Binghamton Chamber of Commerce

The Greater Binghamton Chamber of Commerce's mission is to serve as the premier resource for business development in the Greater Binghamton region. Their aim is to support the existing local business community and the attraction of new businesses to the region through member-driven programs and services, the development of strategic community partnership and effective political advocacy.

Last Updated: 5/16/18