START-UP NY offers new and expanding businesses the opportunity to operate tax-free for 10 years on or near eligible university or college campuses in New York State.
Partnering with these schools gives businesses direct access to advanced research laboratories, development resources and experts in key industries.
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Who is START-UP NY for?
START-UP NY helps you start, expand or relocate your qualified business to a tax-free zone in New York State. To qualify, your company should be relocating or expanding to New York State from in or out-of-state or internationally, to a college or university campus that aligns with your business specialty, and be able to create new jobs for the local community.
To participate in START-UP NY, your company must meet the following requirements:
+ Be a new business in New York State, or an existing New York business relocating to or expanding within the state
+ Partner with a New York State college or university
+ Create new jobs and contribute to the economic development of the local community
You can learn more about Start-Up NY on the State's official website.