Empire State Development (ESD) is offering $10M in capital grant funding to support small manufacturers in New York State. If you have been operating in NYS for at least ten years, have between 5-99 full-time employees and are looking to invest in capital projects that will improve your competitiveness and productivity through modernization and integration of advanced technology, grants from $50K to $250K are now available. Grants may be used for up to 20% of the cost of a project including acquisition of land, buildings, machinery and/or equipment, demolition and environmental remediation, new construction, renovation or leasehold improvements, acquisition of furniture and fixtures; and other costs / expenditures deemed eligible by ESD.
The applicant must manufacture a product within one of the targeted industries below.
- Agribusiness and Food Production (including Craft Beverage)
- Biotech and Life Sciences
- Cleantech and Renewable Energy
- Defense Systems (including Aerospace)
- Industrial Machinery and Systems
- Materials Processing
- Optics, Photonics, and Imaging
- Semiconductors
- Tech and Electronics
- Transportation Equipment
Applicants are strongly encouraged to reach out to their ESD Regional Office Regions | Empire State Development (ny.gov) to discuss their project prior to submitting an application. Learn more Small Manufacturers Modernization Grant | Empire State Development (ny.gov) & apply by 7/31.
