Manufacturers are busy with the day-to-day operations of their businesses, making it difficult to have comprehensive awareness of the state programs available to them. New York State offers a variety of programs designed to help manufacturers maintain profitability and expand. FuzeHub is pleased to present this Resource Report for companies to use as a reference.
New York Manufacturing Extension Partnership: Services for Small Manufacturers
The New York Manufacturing Extension Partnership (NY MEP) is a network of organizations that provide growth and innovation services to small and mid-sized manufacturers in every corner of the state to help them create and retain jobs, increase profits, and save time and money.
NY MEP is administered by Empire State Development, New York’s economic development agency, and is part of the National Institute of Standards and Technology’s Hollings Manufacturing Extension Partnership.
NY MEP provides a variety of services:
- Innovation strategies
- Process improvements
- Quality control
- Manufacturing scale-up
- Sustainable manufacturing
- Supply chain assistance
- Technology acceleration
- New market strategies
- Product development and prototyping
- Entrepreneurial and start-up assistance, including financing and grant information
- Other services tailored to key New York industry clusters
In addition, FuzeHub offers Manufacturing Innovation Grants designed to spur technology development and commercialization across New York State. Non-profit organizations apply for these funds to help reduce the costs to manufacturers of undertaking projects like prototype development, manufacturing scale-up, and other projects to advance production capabilities.
New York State Innovation Assets: Assisting Manufacturers with Technology Development
Empire State Development’s Division of Science, Technology & Innovation (NYSTAR) supports fifteen Centers for Advanced Technology and eleven Centers of Excellence. These university-based research centers charged with working with businesses on R&D, commercialization, and adoption of new technologies. Each center is focused on a field of strategic importance to manufacturers—for example, ceramics, materials, biomedicine, energy systems, automation, electronics, sensors, data science, 3D printing, nanotechnology, and sustainable manufacturing. NYSTAR also helps support a number of other technology development centers with matching funds for their federal grants, for example the National Science Foundation-funded Cornell Center for Materials Research.
Manufacturers can also take advantage of the state-supported High Performance Computing Consortium to optimize their engineering processes and accelerate product developments or improvements using state-of-the-art simulation models.
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And companies in need of guidance in the areas of intellectual property and regulation—for example, a manufacturer seeking to bring a new medical device to market—can use the services of the New York State Science & Technology Law Center.
Young companies can also take advantage of NYSTAR-supported Innovation Hot Spots and NYS Certified Business Incubators. These 30 organizations offer support to manufacturers and other companies, for example physical space, access to capital, mentoring, networking connections, prototype development, and access to technical services. In addition, Innovation Hot Spots can offer certain tax benefits to client businesses.
Consolidated Funding Application: Access to Multiple State Grant Programs
New York State offers a single channel through which to access a wide variety of grant programs available from multiple agencies: the Consolidated Funding Application (CFA). The application is open in the summer. Grants that manufacturers can apply for directly have included the following. Visit this state website for the current year’s “CFA Resource Manual” for more information on each.
- Empire State Development Grant Funds (capital grant funding for companies making investments leading to job creation)
- Excelsior Jobs Program (tax credits for firms creating or retaining jobs or making significant investments)
- NYSERDA Energy Efficiency Programs (engineering analysis to help companies make informed energy decisions; energy assessments for small commercial enterprises; technical and financial support for installing energy-efficient electrical equipment in new and renovated industrial buildings; financial support for other energy efficiency improvements in industrial facilities; performance-based assistance to manufacturers implementing energy efficiency and process improvements)
- ReCharge New York (allocations of lower-cost electricity to businesses planning expansions)
- Workforce Development (grants to offset the cost of training new and existing employees)
Global NY: Helping Manufacturers Boost Exports
START-UP NY: Tax-Free Operation Near College Campuses
START-UP NY offers new and expanding businesses the opportunity to operate tax-free for 10 years on or near eligible university or college campuses in New York State. Partnering with these schools gives businesses direct access to advanced research laboratories, development resources and experts in key industries.
Other Economic Development Incentives and Programs for Businesses
Empire State Development (ESD) offers a host of other channels through which manufacturers can explore potential incentives, access loans and capital, consult with business mentors, position themselves to government procurement opportunities, and otherwise improve their business positions. For example, manufacturers can take advantage of direct loans from the NYS Job Development Authority when undertaking capital expansions and equipment purchases, lowering their exposure to private financing. Some programs are focused on the needs of small businesses and/or minority- or woman-owned businesses. A call to your ESD regional office is the best way to start exploring these options.
On a related note, New York State since 2015 has maintained a 0% corporate tax rate on manufacturers. Start here to learn more about what makes a company eligible.
Workforce Development Institute: Interactive Grants
New York is fortunate to have this unique organization providing targeted manufacturing growth solutions throughout the state. Among its programs are interactive grants through which regional WDI staff work directly with a business to develop a tailored response to a particular workforce or growth challenge. Manufacturing and energy are WDI’s biggest areas of focus, and it is highly flexible and streamlined in delivering assistance to companies.
New York State Energy Research and Development Authority (NYSERDA): Facilitating Investments in Energy Efficiency
Manufacturers interested in resources for making growth-oriented investments in energy efficiency should investigate NYSERDA’s full range of offerings to industry.
NYS Department of Environmental Conservation: Assistance with Greening Your Business
As part of the Department of Environmental Conservation (DEC)’s mandate to protect and enhance the environment, the agency partners with companies to help them find ways to make their businesses more environmentally sustainable.
NYS Pollution Prevention Institute: Resources for Sustainability in Manufacturing
DEC also helps fund the New York State Pollution Prevention Institute (NYSP2I), an organization that helps companies implement cost-effective sustainability solutions, leveraging new technologies from higher education institutions across the state.
Workforce Development Initiatives for Manufacturing
A common refrain today is that manufacturers find it increasingly difficult to hire a qualified workforce. This FuzeHub Resource Report seeks to shine a spotlight on some of the things that are being done to address the manufacturing workforce shortage at various stages of the pipeline, in every corner of the state. These are efforts that companies and economic development organizations can plug into to help plug the skills gap and prepare for future growth.
Overwhelmed? FuzeHub Can Help You Navigate State Resources
If you’re a manufacturer, submit a request to FuzeHub to receive a free consultation and guidance from our matching specialists regarding resources that best meet your needs.