Business Incentive Programs

It pays to have support from the Seneca County community. New York State and Seneca County IDA offer financial incentives designed to enhance business operations, which promotes job retention and creation. To learn more about our dynamic incentive programs, please call us at 315-539-1725.

• Energy

• Grants

• Loans

• Tax Abatement

• Tax Credits

• Workforce Development

• Other Programs

“We weren’t sure where to open our new plant. After meeting with the Seneca County IDA and learning more about the incentives available, we decided to build here. It’s been 21 years and we couldn’t have made a better choice.”

— Chad Tucker, General Manager, Scepter Inc.

Financial Assistance Application

Application to SENIDA for Financial Assistance

Click here to download fillable application

Revolving Loan Fund

SENIDA Revolving Loan Program

Since 1996, SENIDA’s low-interest loans have provided funding to fill the gap in financing available to small- and medium-sized businesses with an emphasis on the creation and retention of jobs.

Loans can be used for the acquisition of real property, other assets including inventory and receivables, and working capital.

To qualify for a SENIDA loan, your business must be located in or be relocating to Seneca County. For additional information on the SENIDA RLF program, please visit our FAQ page here.

Emergency Loans Available to Businesses Negatively Impacted by COVID-19!

SENIDA has expanded its revolving loan fund program to allow for the provision of emergency loans to small- and medium-sized businesses who have been negatively impacted by the COVID-19 pandemic.

These emergency loans will have payments deferred and bear no interest until May 6, 2021.

Interested in applying for a loan?

For loans of $25,000 or less, click here to download our application.

For loans greater than $25,000, click here to download our application.

Case Studies

A global leader in producing pumps for the industrial sector, ITT Goulds Pumps has played an integral role in Seneca County’s municipal and industrial water market since 1848.

Hipshot Products Inc. was founded in 1982 when David Borisoff found himself in the shop more often than on stage. With a wife and toddler, he decided show business was no way to support his family.