Niagara County can assemble an incentive package to fit any business. We work with local, state, and federal agencies to provide companies with the resources they need to start-up, grow, and expand. We can match you with a variety of incentive programs including grants, loans, tax abatements, low-cost power, workforce development programs, and more.
Loan Programs
A variety of progams to promote economic development by providing "gap" financing for qualified projects.
Tax Incentives
Industrial revenue bonds and lease/lease transactions are provided by commercial banks or private investors.
Production Program
Provides matching grants to assist local manufacturers acquire new equipment & machinery.
Façade Program 2.0
Provides matching grants to assist local businesses in updating and improving their façade and exterior storefronts.
Microenterprise
Assistance with business planning, development of marketing strategies, cash-flow projections, and financial analysis.
Brownfields
Grants and low-interest loans are available to help identify and remediate contaminated sites to prepare them for redevelopment.
Foreign Trade Zones
Special trade zones that allow companies to avoid or defer customs duties and excise taxes in addition to other customs benefits.
Energy Incentives
Low-cost power and other incentives are available through state and local energy companies for companies that meet the qualifying criteria and receive approval.
Workforce Incentives
Recruitment tools and training resources to help companies with their workforce development needs.
Business/Community Enhancement
Grants of up to $5,000 to business associations for the purposes of assisting plans for brick-and-mortar community improvements.
State Incentives
New York State offers grants, loans, tax credits, and other incentives to assist with business development including startup, expansion, and relocation.
Historic Preservation Tax Credits
Federal and state tax credits are available for restoration and preservation of historic properties.
Opportunity Zones
Provides substantial tax benefits for capital gains reinvested into economically disadvantaged areas.