Road map to Startup NY

A Roadmap for Startup NY
The first step in the process comes from the Universities and Colleges; they must apply to New York State and receive approval. Once they have been approved, the business must apply to the approved University or College. After this, the University or College must approve the business. However, we have been told that businesses with over 100 net new jobs may deal directly with New York State Empire Development and bypass these past two steps. In the final step the approved application needs to go on to New York state officials. New York State will help any interested businesses in finding an approved University or College.

Watch Jack Craven on AriseTV!

Startup New York is a program that offers tax-free incentives to start up companies in New York State.  Jack Craven has been interviewed on AriseTV’s business news show  Xchange to discuss this program.

Watch Jack as he discusses the program in more detail.

The rules are new and appear to be complicated. But We can help.

PS We love working with Startups!

Please feel free to contact us at (212) 605-0276 or [email protected].  We are happy to help with any questions that you may have.

Startup-NY: NY Creates Tax Free Zones to Attract and Grow Businesses Across the State

New York State has one of the highest tax levels. The high New York taxes discourage business investments in this state.

New York has thrown out the welcome mat to start-up businesses in a new program beginning January 1, 2014. Under the program, Startup-NY has created tax free zones to attract and grow new businesses. Startups that are creating new jobs are the beneficiaries of this program. The goal of the program is to attract venture capital, new businesses and investments from around the world.

Startup-NY provides major incentives for businesses to relocate, start up or significantly expand in New York State. It requires formal affiliation with public and private universities, colleges and community colleges. Businesses will have the opportunity to operate state and local tax-free on or near academic campuses, and their employees will pay no state or local personal income taxes. In addition, businesses may qualify for additional incentives.

We can help. The rules are new and appear to be complicated. Feel free to email us if you have any questions.