IAED News
Press Releases
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,...
Tompkins County Industrial Development Agency Awards 13 Childcare Grants
Eligible childcare providers are using funds to purchase personal protective equipment and upgrade facilities for safer operation – thirteen grants have already been awarded ITHACA, N.Y. – January 26, 2021 – In November, the Tompkins County Industrial...
2020 Year in Review: Ithaca Area Economic Development Responds to COVID-19, Supports $239.5M in Capital Investment for Ithaca Region
Economic development organization, IAED, 13 new projects, 633 housing units, and 958K of square footage; successes include City Harbor, Carpenter Park, ShrubBucket, Exotanium ITHACA, N.Y. – January 14, 2021 – Ithaca Area Economic Development (IAED), the economic...
IAED President Appointed to International Economic Development Council (IEDC) Board of Directors
Heather McDaniel will join the IEDC Board in January, representing economic development professionals throughout the U.S. and the world. ITHACA, N.Y. – December 1, 2020 – Ithaca Area Economic Development (IAED) announced that President, Heather D. McDaniel, has been...
In the News
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
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
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...
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...
IAED Year in Review
Listen as TCAD President Heather McDaniel shares TCAD’s successful work in 2019.
General Radio Spots
Listen to find out more about TCAD and how TCAD is working with the Tompkins County Industrial Development Agency (TCIDA) and local businesses to build a stronger and more sustainable economy.
Newsletters/Announcements
Economic Newsletter (04/21)
Economic Newsletter (03/21)
Economic Newsletter (02/21)
Economic Newsletter (01/21)
Economic Newsletter(11/20)
Economic Newsletter (10/20)
Economic Newsletter (09/20)
Economic Newsletter (08/20)
Economic Newsletter (07/13/20)
Economic Newsletter (06/15/20)
TCAD Annual Report to the Community (06/11/20)
Economic Newsletter (06/01/20)
Economic Newsletter (05/18/20)
NY Forward Plan for Business Re-opening – Southern Tier to Begin Re-opening on Friday (05/12/20)
COVID-19 Updates – Latest on Re-opening NYS, Funding for EIDL & PPP, and more (04/27/20)
Economic Newsletter (04/14/20)
TCAD Institutes Emergency Relief Loan Program (04/09/20)
SBA Paycheck Protection Program Details Announced (04/01/20)
SBA Paycheck Protection Program Details Announced (03/31/20)
COVID-19 Response Updates (03/30/20)
Economic Newsletter (03/19/20)
Economic Newsletter (03/02/20)
Economic Newsletter (01/20)
IAED On The Radio
Listen as Heather McDaniel, President of Ithaca Area Economic Development, and Chet Osadchey, President of Cayuga Radio Group, discuss how changing TCAD’s name will strengthen the organization’s ability to continue as a leader in economic development, providing innovative solutions and dedicated services to our business partners.
Ithaca Area Economic Development is committed to building a thriving and sustainable economy in Ithaca and Tompkins County.
Ithaca Area Economic Development
Tompkins County Area Development (TCAD) is now Ithaca Area Economic Development!
Incodema, Inc.
Incodema, Inc. shares how they have maintained production during COVID-19 and are producing vital components for essential businesses.
Rheonix
When COVID-19 hit, Rheonix’s team quickly pivoted their product development to a test for the virus causing COVID-19, supplying testing machines to hospital labs in Central New York.
Ursa Space Systems
Ursa Space Systems shifted all employees to remote work and used their technology to map the effects of COVID on the economy.
Tompkins Trust Company
Tompkins Trust Company continued to serve customers during COVID-19 and provided over 650 Paycheck Protection Program loans to local businesses, preserving hundreds of jobs.
Cayuga Health System
Cayuga Health has been on the front lines of our regional response to COVID-19, opening one of the first mass testing sites in NYS.
Communique Design & Marketing
Communique has continued to work with clients during COVID-19 and is proud of our business leaders’ support of our community as we all move forward together.
Ithaca Tompkins International Airport
TCAD – Ithaca Tompkins International Airport
Ithaca Tompkins International Airport is dedicated to providing a safe experience for travelers and follows all NYS safety precautions.
Ithaca Coffee Company
Ithaca Coffee Company adapted quickly, instituting safety measures, expanding online ordering, and curbside pickup and delivery.
The Computing Center
The Computing Center shares how it has adapted to customer needs during COVID-19, maintaining services and pivoting to increased online product sales as demand increased.
Ithaca Marriott Downtown
The Ithaca Marriott Downtown on the Commons and Monk’s on the Commons share how they are surviving and thriving during COVID-19.
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