Business Incentives · NYC311

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If you run a small business, incentives can help you develop it and save money.

There are different types of incentives:

City
State
Federal

Incentives can help with:

Facility investment
Business retention
Business expansion

The Department of Small Business Services (SBS) can help you access incentives.

They provide:

Information
Guidance
Technical assistance

Online

Learn more about small business incentives.

Find a Business Solutions Center.

By Phone

Agency: Small Business Services
Division: NYC Small Business Services Hotline
Phone Number: 888-SBS-4NYC (888-727-4692)
Business Hours: Monday - Friday: 9 AM - 5 PM
Please call (212) 618-8810 after hours.

The Energy Cost Savings Program (ECSP) helps businesses save money on electricity and gas.

The program offers rebates of up to:

45 percent on regulated electric costs
35 percent on regulated natural gas costs

To be eligible, your business must be:

A non-retail commercial or industrial business
In or moving to the five boroughs, but not Manhattan South of 96th Street
In a newly constructed or renovated building

Strict filing deadlines apply.

These businesses are not eligible:

Hotels
Hospitals
Retail businesses
Personnel services firms
Public benefit corporations

Learn more about the Energy Cost Savings Program (ECSP).

The Industrial Business Zone Relocation Tax Credit helps businesses move to certain parts of New York City.

To be eligible, your business must be:

A manufacturing firm
Moving to an Industrial Business Zone in New York City

The credit:

Is available one-time only
Covers eligible moving costs
Is up to $1,000 per full-time employee or $100,000, whichever is lower

Learn more about Industrial Business Zone Relocation Tax Credit.

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