Press Releases

Ithaca Arthaus Opening Soon!

Ithaca Arthaus Opening Soon!

A transformative project in Ithaca’s West End, Arthaus offers 124 units of affordable housing, an on-site art gallery, and more ITHACA, N.Y. – August 31, 2021 – Ithaca Area Economic Development (IAED) looks forward to Ithaca Arthaus opening its doors in late...

IAED Invests in Dimensional Energy

IAED Invests in Dimensional Energy

IAED’s loan fund supported local startup, Dimensional Energy, in furthering the development of their carbon dioxide reduction innovation ITHACA, N.Y. – July 20, 2021 –Ithaca Area Economic Development (IAED) has approved a $50,000 convertible debt investment to...

IAED Releases Economic Recovery Strategy for Tompkins County

IAED Releases Economic Recovery Strategy for Tompkins County

An action plan to position the county for success as theeconomy rebounds from the COVID-19 Pandemic ITHACA, N.Y. – June 8, 2021 – Ithaca Area Economic Development (IAED) announces the release of the Tompkins County Economic Recovery Strategy, which provides both a...

In the News

June 2021 Newsletter

June 2021 Newsletter

  Check out the latest of what's happening at Ithaca Area Economic Development in our June 2021 Newsletter. Stay up to date on all of our projects, updates, and more by subscribing to our monthly newsletter here.  

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.


IAED On The Radio

Listen as IAED President, Heather McDaniel, discusses the Tompkins County Economic Recovery Strategy, an initiative made in collaboration with a variety of local agencies. The Strategy provides a glimpse of the actions taken to address the immediate impacts of COVID-19 on the Ithaca and Tompkins County areas, as well as the roadmap to recovery. Read the complete strategy on the Initiatives tab on our website.

The dynamic for women in the workplace is constantly changing. Listen to IAED President Heather McDaniels and Jennifer Tavares of the Tompkins Chamber dive into the topic in their All Things Equal interview with Cayuga Radio Group.


Cayuga Radio Group · Heather McDaniel, Ithaca Area Economic Development

Listen as Heather McDaniel, President of Ithaca Area Economic Development, discusses economic development in the region.

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.


Tompkins County Area Development (TCAD) is now Ithaca Area Economic Development!

Mission Statement
Revenue Model
Gimme Coffee
Food BIP
IDA Eligibility REV
Quality Careers
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.


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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