One of the largest and most significant multi-use complexes currently available for single or multi-tenant users in the United States.
Financing Programs
New York State has a number of programs that take the form of low-interest loans or grants to assist in the physical expansion of manufacturing companies. Most notably, ESD will focus these resources on companies who are retaining or creating jobs. ESD also has programs to pay for the cost of infrastructure improvements (access roads, sewer lines, etc.) necessary to enable a manufacturing company to expand in New York.
Tax-exempt and taxable bond financing vehicles are available through any of the county IDA's in the Rochester area. Many counties, including Monroe, have their own revolving loan funds. ESD works in close partnership with officials in Monroe County and can help companies access these important incentives.
- Financial Assistance can be Provided For: acquisition of land and buildings or machinery and equipment; construction or renovation of buildings to house business operations; working capital; employee training; productivity enhancement; and expansion of export opportunities.
- Financial Assistance is Provided Through: direct loans or grants to businesses for a portion of the eligible project costs; interest rate subsidies in the form of a grant or linked deposit with the lending institution to reduce the cost of borrowing; loans and grants for working capital assistance in specialized situations; and infrastructure assistance in the form of a loan and grant combination for a portion of project cost.
