2021 Regional Economic Development Council CFA Applications Now Open!

2021 Regional Economic Development Council CFA Applications Now Open!

The NYS Regional Economic Development Council (REDC) Consolidated Funding Application (CFA) portal is now live and accepting applications, enabling businesses, municipalities, not-for-profits and the public to begin applying for assistance from dozens of state...
Economic Injury Disaster Loan (EIDL) Limit Increases

Economic Injury Disaster Loan (EIDL) Limit Increases

The U.S. Small Business Administration is increasing the maximum amount small businesses and non-profit organizations can borrow through its COVID-19 Economic Injury Disaster Loan (EIDL) program. Starting the week of April 6, 2021, the SBA is raising the loan limit...
NYS Performing Arts Venues May Now Open at 33% Capacity

NYS Performing Arts Venues May Now Open at 33% Capacity

As of April 1st, performing arts entertainment venues can reopen at 33 percent capacity. Venues can host up to 100 people indoors or up to 200 people outdoors. If all attendees present proof of completed vaccination or recent negative test result prior to entry,...
Quarantine Not Required for Vaccinated Domestic Travelers

Quarantine Not Required for Vaccinated Domestic Travelers

As of April 1st, domestic travelers are no longer required to quarantine when they visit New York. For those considering travel to or from Ithaca, Ithaca Tompkins International Airport recently announced that American Airlines has added a second daily flight to...
Ithaca Area Economic Development Launches New Website!

Ithaca Area Economic Development Launches New Website!

IAED’s new website highlights IAED’s services and promotes the strength and prosperity of the Ithaca and Tompkins County economy  ITHACA, N.Y. – March 25, 2021 – Ithaca Area Economic Development (IAED) announces the launch of its new website, which features a bright,...
Research and Development Tax Credit

Research and Development Tax Credit

An overlooked source of cash for New York manufacturers is the Research and Development (R&D) tax credit. This incentive helps companies to grow by reducing its tax liability for qualified R&D expenditures. Most manufacturers are unaware that their efforts...