New York State operates many geographic zones that can offer businesses tax credits for:

  • creating new jobs
  • investing in property
  • engaging in research and development
These credits can be accessed over a 5 year period provide established job and investment thresholds are met. Strategic industries that are eligible for zone benefits are:

  • Manufacturing
  • Agriculture
  • Financial services and financial data centers
  • Scientific R&D
  • Software development including new media
  • Back office operations/distribution centers
Hundreds of firms have participated in these Excelsior Zone benefits. The total number of participating firms currently average $63,347 in annual Empire Zone benefits.
For additional information, please contact:
Terry Masterson
Executive Director
Cayuga Economic Development Agency
Phone: (315) 252-3500
E Mail: terry@cayugaeda.org