In New York State, it is said that the future is already here – fueled by the talent and the resources that are leading smart, dynamic, innovative new businesses to move here and thrive here.
To grow New York’s competitiveness in the 21st century global economy, New York State is building today for a better tomorrow with a $275 billion infrastructure plan to build the “New” New York. It is the largest infrastructure and development plan in the nation.
Governor Cuomo’s administration has restored the public’s faith in the government’s ability to get big projects done on time and on budget. Completed projects include the new Governor Mario M. Cuomo Bridge between Rockland and Westchester counties, the Kosciuszko Bridge connecting Brooklyn and Queens, and fully restored the L Train tunnel without a major shutdown—all of which were completed ahead of schedule.
At a time when taxes are at their lowest in decades and private-sector jobs are at historic highs, the state is investing an additional $150 billion in the nation’s largest infrastructure program, reinforcing New York State’s prime business location. The state is committed to low-cost clean energy to power business and protect the environment.
Tax credits and incentives give New York State businesses a competitive edge. One can find all forms of tax incentives, business incentives and tax credits in New York State, all designed to benefit small or expanding businesses as well as film and TV production companies. Job creation and workforce training programs include START-UP NY, Excelsior Jobs Program, and the Jobs Retention program. Tax credits and financial incentives help businesses invest in their workforce, locate in strategic areas and improve their facilities.
Upstate New York
Upstate New York is an energy hub for the state providing electricity that benefits all New Yorkers. From the stable, ongoing, daily supply of the resources to the critical ability to meet demands when the state needs it most, Upstate New York’s nuclear energy plants – including the FitzPatrick Nuclear Power Plant and Nine Mile Point Nuclear Generating Station in Oswego County and Ginna Nuclear Generating Station in Wayne County – are helping New Yorkers, creating jobs in the region.
Since its founding, Upstate Energy Jobs has been committed to preserving New York’s nuclear energy plants because of their lasting impact on the state and in the region. Nuclear power bolsters New York’s economy by creating jobs; in fact, it supports more than 20,000 of them. It also preserves the natural beauty of the environment by reducing nearly one third of the state’s carbon-free electricity. Overall, nuclear helps to ensure the dependability of the electric grid. Upstate Energy Jobs will continue to support vital resources that help keep communities thriving.
Situated in Upstate New York, Oswego County is located centrally to New York City, Boston, Philadelphia, Cleveland, Toronto and Montreal. A great location and a host of transportation options place Oswego County at the top of the list for manufacturing and logistics site selectors. With access to ground, rail, air, and water transportation for shipment of goods, the county offers convenient access to Interstates 81 and 90 which provide north/south and east/west movement through the state. The Port of Oswego is a deep-water port and the first port-of-call in the Great Lakes-St. Lawrence Seaway System. CSX rail service is available throughout the County, with direct access at the port, as well as several sites and industrial parks. Oswego County also has a local airport and is within minutes of Syracuse’s Hancock International Airport. The benefits of locating within Oswego County’s Foreign Trade Zone could include reduction of duties on materials and finished goods being imported and exported within the zone.
Central New York
Centrally located among the major cities of the North East, Allegany County, NY is closer than you think. Allegany County’s interstate highway access and close geographic proximity to 51 percent of the U.S. and Canadian population is only eclipsed by the high-quality workforce. If you think New York State means high costs, let Allegany County surprise you – the county offers nationally competitive operating costs, a cost of living that is 23.7 percent lower than the national average, three nationally-ranked colleges, and an unexpected wealth of skilled blue-collar labor.
The climate for doing business in New York has never been better. If you’re looking to launch or expand your business, you can find an array of advantages: tax-based incentives, resources and training for entrepreneurs and businesses looking to go global, industry/university partnerships fostering the development of innovative technologies and products, and the financial support needed to help businesses grow.