The mission of the Erie County IDA is to provide the resources that encourage investment, innovation, growth and global competitiveness - creating a successful business climate that improves the quality of life for the residents of the region.
Who We Are
The Erie County Industrial Development Agency (ECIDA), is a public benefit corporation created in 1970 by an act of the New York State Legislature to promote and assist private sector industrial / business development thereby advancing job opportunities and economic well-being to the people of Erie County. The ECIDA does not receive any direct funding for its operations from any local, state or federal sources. Instead, the cost of operating the IDA is paid primarily by those businesses that benefit from the economic development services they receive.
What We Do
ECIDA is in business to grow business in Erie County by helping business be competitive and profitable. We can deliver
Business Incentives, Tax Exemptions, Bonds
Facility / Brownfield Development
Financial Assistance, Loans, Venture Capital
International Trade Assistance
Referrals and Resources
Transportation, Infrastructure Financing
Our key personnel are responsive and focused on your business to ensure that you have the financial support to grow and prosper in Erie County. We offer
Tax exemptions, leases and tax abatements approved within 60 days of application
Confidentiality of all proprietary information
Coordination with other government agencies
Loans approved in an average of 30 days
Assistance with projects from $5,000 to $500 million
In addition, ECIDA also enters into cooperative agreements with the County of Erie, the cities and towns of Erie County, and other economic development agencies including the State of New York, Export-Import Bank of the United States (Ex-Im), Small Business Administration (SBA) and the Economic Development Administration (EDA).