Empire State Development (ESD) is New York State’s chief economic development agency, operating under the auspices of the state government to promote business growth, job creation, and economic advancement across all regions of New York. As a key component of the state’s strategic development efforts, ESD administers programs and resources that assist businesses, nonprofits, municipalities, and entrepreneurs. It supports projects that align with the state’s priorities in areas such as innovation, infrastructure, and workforce development.

ESD offers competitive financial incentives, including tax credits and grants, to encourage both domestic and international investment. Through its Regional Economic Development Councils, the organization drives locally tailored strategies that reflect regional priorities and opportunities. ESD also provides support for minority- and women-owned businesses, small business development, and tourism promotion, contributing to a diverse and inclusive economic environment. It plays a fundamental role in revitalizing communities and supporting public-private partnerships that strengthen New York’s economic foundation. With a commitment to sustainable development and equitable growth, Empire State Development is at the forefront of shaping New York’s future.

Key Services:

– Business development and financial support (grants, loans, tax incentives)
– Site selection assistance and project development guidance
– Regional Economic Development Council coordination
– Minority- and Women-Owned Business Enterprise (MWBE) support programs
– Infrastructure and real estate development assistance
– Innovation and technology commercialization support
– Small business development and entrepreneurship services
– Strategic planning for economic revitalization
– Public-private partnership facilitation
– Tourism and marketing promotion for New York State