IAED News

Press Releases

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,...

In the News

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...

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...

IAED Year in Review

Listen as TCAD President Heather McDaniel shares TCAD’s successful work in 2019.

2019 Successes Pt. 1
2019 Successes Pt. 2

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

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!

Mission Statement
History
Services
Revenue Model
Gimme Coffee
Food BIP
IDA
IDA 2
IDA 3
IDA 4
IDA 5
IDA 6
IDA Eligibility REV
Incodema
Quality Careers
Solar
Community Solar
Energy Taskforce
Affordable Housing
FL Prosperity Network

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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