Main Local Economy Information in New York
New York's economy is robust with finance, healthcare, and professional services as pillars. New York City serves as a global hub for finance and media, while upstate regions are known for manufacturing and wine production.
Your New York and Local Small Business Funding Guide
New York supports its small businesses through various financial incentives, including microloan programs, business improvement districts, and innovation grants, especially in technological and creative industries.
Small Businesses in New York
Small businesses in New York are diverse, ranging from financial services in Manhattan to agricultural enterprises in rural areas. The state supports these businesses with localized economic development programs.
Documents Needed to Get a Small Business Loan in New York
- Comprehensive business plan
- Recent financial statements
- Evidence of collateral
- Business and personal tax returns
- Business licenses and registrations
New York Department of Commerce: Key Functions and Contact Information
Website URL: New York Department of Commerce
Phone: [518-292-5100]
Address: 633 Third Avenue, New York, NY 10017
Local Resources in New York
New York offers resources through its Empire State Development program, local development corporations, and numerous nonprofit lenders that focus on economic development.
How to be Successful with Business Funding in New York
To be successful in New York, businesses need to connect with local economic development programs and potentially participate in state-sponsored competitions that offer funding and exposure.
SBA Resources in New York
The SBA in New York provides several funding options, specialized training programs for entrepreneurs, and access to federal contracting opportunities.