Ithaca Economic Development Agency

Find Ithaca New York 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.

Union Economic Development 3111 East Main Street Endicott NY 13760 33.7 miles from Ithaca 607-786-2945

Geneva City Economic Development 47 Castle Street Geneva NY 14456 38.1 miles from Ithaca 315-789-4393

Oswego Economic Development 500 South Salina Street Syracuse NY 13202 45.1 miles from Ithaca 800-311-2750

New York State Economic Development 620 Erie Boulevard West Syracuse NY 13204 45.2 miles from Ithaca 315-448-0938

Onondaga County Economic Development 421 Montgomery Street Syracuse NY 13202 45.3 miles from Ithaca 315-435-3770

Wayne Economic Development 7376 Highway 31 Lyons NY 14489 50.7 miles from Ithaca 315-946-5917

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.