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Team Westchester is a partnership of major economic development
agencies that can help your company find the resources it needs to succeed and
expand. Our team includes the Westchester County Office of Economic Development,
the Westchester County Industrial
Development Agency, local utilities, the Westchester County Workforce Investment
Board, the state Department of Economic Development and other business organizations.
Team Westchester offers a "one-stop shopping" approach
to a variety of services, ranging from financial assistance to site selection.
While the specifics provided depend on a businesss requirements, the following
are some of the services available from Team Westchester.
Development Financing
-- Acquisition, construction, reconstruction, equipping and furnishing of certain
private and not-for-profit projects can be funded through the sale of taxable/tax-exempt
securities issued by the Westchester
County Industrial Development Agency (IDA). The IDA can also provide exemptions
from sales tax for certain pre-approved expenditures related to a project.
Energy Cost Reductions
-- Con Edison, the major
utility serving Westchester County, offers an energy reduction program, known
as the Business Incentive Rate (BIR) designed for projects of major economic
impact and/or significant job retention. These BIRs are offered in partnership
with the Westchester County Public Utility Service Agency.
The New York
Power Authority (NYPA) also provides reduced energy rates for business through
its "POWER for JOBS" program.
Business Services
-- the Empire
State Development Corporation (ESDC) offers a very broad range of services
and programs to assist businesses of all sizes through programs that reward
and encourage job growth, construction and other forms of economic development
and investment, e.g., eligible banks and businesses can apply for interest rate
subsidies for small business loans.
In addition, the New
York State Department of Economic Development (DED) subsidizes certain projects
that hire and/or train workers for businesses.
Site Selection
-- Team Westchester and its affiliated network of Realtors and Brokers will
work with you to find the right property for your business's expansion or relocation
needs. Perhaps the ideal location is already available as part of
Westchester County's existing inventory of more than 27.0 million square
feet of commercial space in more than 300 buildings
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WESTCHESTER COUNTY
Ahead of the Curve
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