12115 Economic Development Agency

Find 12115 economic development agencies, departments, and corporations. Economic development agencies provide information on resources for economic growth, expansion of local businesses, attracting new business and tourism.

Albany County Economic Development 112 State Street Albany NY 12207 15.0 miles from 12115 518-447-5660

New York State Economic Development Ste 604, 152 Washington Ave Albany NY 12210 15.5 miles from 12115 518-426-4059

New York State Economic Development 433 River Street Troy NY 12180 18.8 miles from 12115 518-270-1130

Lee Economic Development 480 Pleasant Street Lee MA 01238 21.4 miles from 12115 413-243-5528

Kingston Economic Development 420 Broadway Kingston NY 12401 43.7 miles from 12115 845-334-3962

Fulton County Economic Development Ste 201, 110 Decker Dr Johnstown NY 12095 54.9 miles from 12115 518-773-8700

Economic Development Agencies Near Me

About Economic Development Agencies

What is a tax abatement?

A tax abatement is an agreement between a business and a taxing entity, such as a state, county, or local government, which provides a temporary tax reduction for a business that expands or makes physical improvements. Typically, the additional property taxes that would have been levied as a result of the business expansion or improvement are forgiven for a specified period of time. Businesses are sometimes offered tax abatements as a way to encourage expansion and investment.

What is the difference between an Economic Development Agency and an Economic Development Commission?

An Economic Development Agency is an agency of the government staffed by professional employees who implement the programs and services of the agency. An Economic Development Commission usually refers to an appointed board that serves as an advisor on economic policy. Economic Development Commissions are common at the county and local levels of government.

What do I need to do to start a new business?

Most Economic Development Agencies have a staff person or office to help prospective business owners to understand how to register their business and obtain any necessary licensing.