Friendship Empire Zone
Under the New York State Empire Zone Act, the Friendship
Empire Zone offers potential new businesses and expanding businesses financial
incentives and tax credits including:
Investment Tax Credits
Employee Incentive Credits
Wage Tax Credits
Zone Capital Tax Credits
New York State and Local Sales Tax Refunds
Real Property Tax Credits
Business Tax Reduction Credits
Utility Rate Reductions
Job Training Grants
The professional economic development team of the Zone uses these tools
to give businesses a strong base for growth. We also offer a variety of
financing options, including IDA tax-exempt or taxable bonds, loans and
grants from Empire State Development Corporation, and low interest loans
from the new Statewide Zone Capital Corporation.
For additional information view the web site
The
Friendship Empire Zone