The mission of The New York State Urban Development Corporation d/b/a Empire State Development (“ESD”) is to promote a vigorous and growing State economy, encourage business investment and job creation, and support diverse, prosperous local economies across New York State (“State” or “NYS”) through the efficient use of loans, grants, tax credits, real estate development, marketing and other forms of assistance.
The mission of The New York State Urban Development Corporation d/b/a Empire State Development (“ESD”) is to promote a vigorous and growing State economy, encourage business investment and job creation, and support diverse, prosperous local economies across New York State (“State” or “NYS”) through the efficient use of loans, grants, tax credits, real estate development, marketing and other forms of assistance.
Mision of Minority and Women’s Business Development (“DMWBD”) seeks to promote equality of economic opportunities for Minority-and-Women-Owned Business Enterprises (“MWBEs”) and to eliminate barriers to their participation in State contracts. Specifically, the Division implements Article 15-A of the NYS Executive Law, which codifies the State’s policy of supporting the participation of minorities and women on State contracts.
The latest iteration, BGA 3.0, aims to further enhance MWBEs' operational and development capacity, focusing on construction services, construction consulting, and semiconductor fab construction trades. The program is designed to drive economic growth, job creation, and increased MWBE participation in high-growth industries across New York State. This comprehensive initiative offers a unique opportunity for both MWBEs and business incubators to thrive.