Excelsior Jobs Program (New York)

From Open Energy Information

Last modified on February 12, 2015.

EZFeed Policy

Place New York

Applies to States or Provinces New York
Name Excelsior Jobs Program (New York)
Policy Category Financial Incentive
Policy Type Corporate Tax Incentive
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy
Active Policy Yes
Implementing Sector State/Province

Program Administrator Empire State Development
Primary Website http://www.esd.ny.gov/BusinessPrograms/Data/Excelsior/101411_ExcelsiorJobsProgramOverview.pdf

Last Review 2014-09-15


The Excelsior Jobs Program provides a tax credit to businesses that make significant capital investments or create jobs in clean-tech and other strategic industries. Businesses may apply for up to 4 new tax credits (jobs tax credit, R&D tax credit, real property tax credit, investment tax credit), and the program costs are capped at $500 million. The credits are based on the number of jobs created, the size of the investment, and the strategic industry.

Policy Contact

Department Empire State Development
Address 633 Third Avenue New York City, New York 10017

Phone (212) 803-3100