Empire State Development Aims Ever Upward for NY State Businesses

Businesses in New York state and New York City have tremendous opportunities presented through Empire State Development, the economic development arm of state government that provides support to small businesses and helps implement initiatives. President and CEO Hope Knight chats with host Gene Marks on Paychex THRIVE, a Business Podcast, about how the funding works for training and workforce development, available tax credits, and the push for film industry and biotech industry advancements in the state.

Topics Include:
00:00: Opening

01:06: Introduction of Hope Knight, CEO of Empire State Development

02:48: What is Empire State Development

04:17: Programs available for small businesses through ESD

05:01: What is the State Small Business Credit Initiative

07:22: Where is the focus of ESD funding

10:25: What industries is ESD focused on for funding and workforce development

14:13: How funding flows to programs that provide training and distribute funds

17:33: Benefits to hiring the formerly incarcerated

22:14: Available tax credits for hiring formerly incarcerated

24:09: Specific programs aimed at film industry in New York City

25:33: Opportunities around biotech industry in central New York

26:48: Wrap-up and thank you

 

DISCLAIMER:

The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.