Erie County Industrial Development Agency (ECIDA) Information

The mission of the Erie County IDA is to encourage investment, innovation, growth and global competitiveness - creating a successful business climate that improves the quality of life for the residents of the region. ECIDA offers many diversified products for Western New York businesses ranging from financing and development to training and not-for-profit assistance. Financial Lending Services In partnership with private lenders, ECIDA helps businesses get the low-cost funding they need to expand. Tax Incentives ECIDA has incentive programs that reduce taxes and improve the bottom line reducing expansion costs up to 15% for eligible targeted companies. International Programs ECIDA has the products, professional contacts and expertise to reduce risk for any Western New York company doing business overseas. Development Services ECIDA provides professional, financial and technical expertise for site, transportation logistics and infrastructure development. Adaptive Reuse Strategy ECIDA, on December 8, 2008 adopted a new policy called "Adaptive Reuse Strategy." This policy allows the ECIDA to offer tax incentives for rehabilitating buildings that have been empty for three years or more and are at least 20 years old.