APPLY FOR BENEFITS

As a public organization, we work hard to assist in the economic development of Broome County. We have two separate entities designed to accomplish this purpose, the IDA and the LDC.

To apply for financial assistance, you must first complete an application to be considered by our staff and board of directors.

Select an application by clicking on the appropriate button below. This will download a PDF document with step-by-step instructions and the application.

IDA APPLICATION LDC APPLICATION

#THRIVENOW

THE PERFECT SIZE FOR OPPORTUNITY

The Broome County economy is Upstate New York’s sixth largest generating nearly $7 billion in economic activity per year. The region is ranked in the top 10 for creativity among communities its size in the United States.

Looking for strategic sites for your project? Let us work with you to identify the location for your business needs.

5 GREAT REASONS TO CHOOSE BROOME

1

TALENTED WORKFORCE AND EDUCATION
TOP 6 EMPLOYMENT SECTORS
  • Healthcare
  • Education
  • Transportation/Distribution
  • Information Technology
  • Skilled Trade/Construction
  • Engineering & Design

2

BUSINESS LOCATION ADVANTAGES
LOCATION FACTS

3

COMPETITIVE BUSINESS INCENTIVES
OUR BUSINESS TOOLS
  • Loan Financing
  • Deal Structuring
  • Expansion Assistance
  • Access to State Programs
  • Tax Incentives & Exemptions

4

POWERFUL COMPANIES & INDUSTRY CLUSTERS
TOP 3 MAJOR INDUSTRIES
  • Manufacturing
  • Healthcare
  • Transportation

5

WORK/LIFE BALANCE
THE GOOD LIFE
  • SHORT COMMUTES
  • GREAT OUTDOORS
  • AFFORDABLE HOUSING
  • CULTURE/ARTS
  • TOP RATED SCHOOLS

BROOME STATS

Education

Binghamton University is ranked among the nation’s top 50 public universities, and was recently named the number one out of state value by Kiplinger’s. Our K-12 system includes top ranked schools in New York and the United States.

SUNY Broome Community College is recognized as one of the finest community colleges in the United States.

Industrial / Commercial Real Estate

The Greater Binghamton commercial market has 15.4 million SF of industrial/commercial space and 2.1 million SF of office space.
SOURCE: Cushman & Wakefield 4th quarter, 2018

Private Sector

Top Industries

  • Health Care and Education
  • Tourism & Hospitality
  • Manufacturing – Aerospace, Computer & Electronics
  • Professional, Technical and Business Services Growth Sectors
  • Renewable Energy
  • Advanced Manufacturing – Small Systems Integration, Next Generation Transportation
  • Agriculture – Food Processing
  • Health Care

Top Employers

  • Binghamton University
  • United Health Services, Inc.
  • Lockheed Martin
  • Broome County Government
  • Lourdes Hospital
  • BAE Systems
  • i3
  • Dicks Sporting Goods
  • IBM
Broome County Investment Location

TRANSPORTATION/LOCATION

STRATEGIC INDUSTRIAL AND COST ADVANTAGES

With major highway systems intersecting in Binghamton, the area has become known as the crossroads of the Southern Tier. The Southern Tier Expressway, NY Route 17 (future I-86), crosses the area in an east-west direction and places Binghamton on a direct, limited access route between New York City and major Midwestern cities, including Chicago and Cleveland.

The North-South Expressway, Interstate 81, ties the region to Canada, central New York, Pennsylvania and points South. Interstate 88 links Binghamton directly to Albany, New York State’s capital, and to other important northeastern markets, including Boston and Montreal.

Interstate 88 links Binghamton directly to Albany, New York State’s capital, and to other important northeastern markets, including Boston and Montreal.

Broome County is your gateway to the world via the Greater Binghamton Airport.

ASSISTANCE