New York Small Business Grants & Funding Programs
New York offers extensive small business support through Empire State Development and NYC Small Business Services. Both state and city programs provide grants, loans, and technical assistance for entrepreneurs.
Empire State Development
ESD offers various programs including Excelsior Jobs Tax Credits, Regional Economic Development Council grants, and industry-specific funding for manufacturing, technology, and life sciences.
NYC Small Business Services
NYC SBS provides numerous programs including storefront improvement grants, Commercial Lease Assistance, and various loans for small businesses throughout the five boroughs.
Regional Programs
Upstate New York, Long Island, and other regions have dedicated economic development programs, including Opportunity Zones and local industrial development agency incentives.
New York Business Grants
130 grants found
New York State Land Bank Program
The program allows municipalities to establish land banks—non‑profit entities that acquire, manage, and redevelop vacant, abandoned, or tax‑delinquent properties—to return them to productive use.
FAST NY Shovel-Ready Grant Program
The FAST NY Shovel‑Ready Grant Program provides up to $400 million in state grants to prepare and develop sites across New York, aiming to make them shovel‑ready for large employers such as high‑tech manufacturing, semiconductor, logistics and other advanced industries.
Regional Council Capital Fund
The Regional Council Capital Fund provides capital grant funding for economic development projects that create or retain jobs, reduce unemployment, and increase business activity, including $8 million allocated for tourism projects.
Better Buffalo Fund
The Better Buffalo Fund provides a $40 million pool of grants and loans to support mixed‑use, high‑density development and downtown revitalization in Buffalo through two initiatives: Transit Oriented Development and the Buffalo Main Streets Initiative.
New York State Small Business Credit Initiative (SSBCI)
Provides over $500 million in federal SSBCI funding to help small and traditionally disadvantaged businesses succeed, focusing on post‑pandemic recovery.
Tourism Matching Funds Program
The Tourism Matching Funds Program provides up to $3.45 million in matching funds to designated Tourism Promotion Agencies to market destinations and boost visitor numbers and spending in New York State.
Electric Generation Facility Cessation Mitigation Program
The Electric Generation Facility Cessation Mitigation Program provides annual funding over up to seven years to local government entities that lose at least 20% of property tax or PILOT revenue because an electric generating facility in their jurisdiction has ceased operations.
New York Ventures Direct Fund
New York Ventures is New York State’s venture capital arm that invests over $300 million in high‑growth companies, fund managers and accelerators, focusing on diverse entrepreneurs and strategic sectors.
Industrial Development Bond Cap Program
The Industrial Development Bond Cap Program provides New York State’s 2025 allocation of federal volume cap to authorized state or local issuers, enabling lower‑cost tax‑exempt private activity bonds for qualified economic development projects.
Strategic Planning and Feasibility Studies Program
The program provides working capital grants of up to $100,000 (matched 50/50) to support strategic development plans and feasibility studies for cities, counties, municipalities, and related entities.
Linked Deposit Program
The New York State Linked Deposit Program (LINC) provides reduced‑rate financing to eligible existing New York businesses by having the state place a matching deposit, allowing lenders to lower loan interest rates for projects such as equipment upgrades, expansions, and technology adoption.
Global NY Fund Grant Program
The Global NY Fund Grant Program provides funding to support small businesses in New York State.
Frequently Asked Questions
Common questions about business grants in New York