Company facts
- Founded
- 1968
- Employees
- 600
- Headquarters
- United States
- Type
- Government
- Subsidiaries
- New York State Urban Development Corporation, New York Job Development Authority
About
Empire State Development (ESD) is New York State’s leading economic development agency, dedicated to fostering a robust and expanding state economy. ESD achieves this by attracting and supporting business investment and job creation across diverse local economies through strategic initiatives like loans, grants, tax credits, and real estate development. Beyond core economic development, ESD plays a vital role in promoting New York State as a premier destination through the globally recognized “I LOVE NY” tourism brand and the “NYLovesFilm” program, offering incentives for film, television, and commercial production. The agency also provides specialized assistance to small, minority- and women-owned businesses and facilitates international business attraction.