New York State Subsidy Tracker
Tracking the State’s Growing Portfolio of Business Subsidies
Start-Up NY
Gave out $56.6K in subsidies.
A state program that offers new and expanding businesses the opportunity to operate tax-free for 10 years on or near college campuses in New York state. Start-Up New York was established in 2013 and began reporting data in 2014. More information.
Under criticism for poor job creation, the START-UP NY program was recently renamed the Excelsior Business Program, and its eligibility rules were changed.
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100 Largest Subsidies Issued By This Program
Source: Data on subsidies from the Excelsior Jobs Program, Industrial Development Agencies and Local Development Corporations are sourced from New York’s open data portal. IDA data accessed on July 21, 2016. LDC data accessed on Feb. 21, 2017. All other program data sourced from agency reports and Freedom of Information requests to Empire State Development, the state’s economic development arm, and other state agencies. Download the raw program data in the ProPublica Data Store.
Methodology: Read our methodology for collecting the data.
Notes:
Except where otherwise noted, data is for subsidies granted or given out between 2011 and 2014 under the above-named programs. While these programs comprise a significant cross-section of the state’s growing portfolio of economic development programs, they don’t include every subsidy dollar.
Subsidies tracked include grants, tax breaks, low-cost leases and discounted power allocations given out under each program; loans and bond issues are excluded from the data because they have to be repaid.
The number of corporate subsidiaries reflects only the subsidiaries we were able to verify though our research. Companies may have more connections with other companies not listed in the data.
IDA and LDC subsidies are given out by local entities; all other programs are administered by New York State.