NY-BEST News: Economic Development

START-UP NY

Tuesday, May 27, 2014  
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START-UP NY is Governor Cuomo’s initiative to transform campuses and university communities across the state into tax-free communities for new and expanding businesses. Business will be able to locate in these zones and operate 100% tax-free for 10 years.

  • No income tax.
  • No business or corporate state or local taxes.
  • No sales tax.
  • No property tax.
  • No franchise fees.


Businesses will have access to resources of world-class higher education institutions, including industry experts and advanced research laboratories. Universities and colleges will become tax-free communities that provide their students and teachers access to real-world, cutting edge business experiences. Learn more about the program at http://startup.ny.gov/


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