The economy of tomorrow starts today in New York State. With world-class infrastructure, creative incentives and the lowest taxes in decades, the state is attracting the companies of the future for long-term economic growth. That means more jobs. More ideas. And more opportunity for every New Yorker.
New York provides a variety of programs aimed at helping businesses, including loans, grants and tax credits.
One of the ways New York accelerates the growth of it’s high-tech economy is the Division of Science, Technology and Innovation (NYSTAR) which partners with new and existing businesses in innovative and exciting ways.
New York State offers small businesses a wide variety of programs ranging from access to capital to professional mentoring.
The middle-class tax rate is at its lowest since 1953, while the tax rate for corporate manufacturers has been lowered from 5.9% to zero.
New York State ranks #2 among states with adults who have four or more years of college. Also #2 among states for the highest number of scientists and engineers who live here.
New York State continues to be exceptionally strong in academic R&D and innovation. NYS ranks #2 in the nation in academic R&D expenditures, and this research is split almost evenly between upstate and downstate colleges & universities.
Across New York State, you’ll find abundant raw materials and major-market proximity, all accessible by superior highways, rail, airports and ports.
Providing some of the nation's lowest natural gas prices, New York also ranks highly in wind and clean technology patenting.
With quick access to bustling nightlife and culture as well as lush forests and mountain hiking, New York offers diverse and endless options.