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Small Business Services Directory

The Bronx Overall Economic Development Corporation (BOEDC), the administrator of the Bronx Empowerment Zone (EZ), offers two loan programs for qualified Bronx Empowerment Zone companies. Both programs offer loans at a very low interest rate and long terms in return for the borrowers commitment to hire Bronx Empowerment Zone residents. The Business Assistance Initiative (BAI) can generally lend up to $1 million to finance up to half of a project's cost. The EZ Loan Fund can finance up to 80% of a project's cost up to loans of $200,000.
The Brooklyn Army Terminal [BAT]/NY City Biosciences Initiative is in the process of developing near term space for research, laboratory and bio-manufacturing uses. Located along the Brooklyn waterfront - at 140 58th Street and 1st Avenue in the Sunset Park section of Brooklyn - with easy access to Manhattan, Phase I at BAT will be anchored by several academic research and commercial bioscience operations. Phase I is the conversion of 300,000 square feet for research and bio-manufacturing space. Further expansion space exists at the 4.0 million square foot complex. Current tenants include clinical testing laboratories. BAT is located within an Empire Zone which provides certain as-of-right tax benefits.

Build Now-NY's Shovel Ready Program is an initiative designed to give New York State an edge by pre-permitting sites for development. Build Now Shovel Ready-NY offers an inventory of locations for a wide range of other business profiles, making them ready for development when the opportunity arises and even creating opportunity. The site profiles include high technology manufacturing; warehouse/distribution/e-commerce centers; and multi-tenant business and technology parks.

CPSBPD provides on-site training and on-campus training to businesses and corporations on a contractual basis. Rates are less expensive than commercial firms.

Through this program owners or developers of manufacturing facilities may finance the acquisition of buildings and equipment, renovation and construction.
The East Brooklyn In-Place Industrial Park [IPIP] covers 120 acres near the eastern boundary of Brooklyn, within the communities of East New York and Brownsville. There are 100 businesses in the park, including metal fabricators, furniture manufacturers, wholesale distributors of durable goods, and manufacturers of non-ferrous metals. Liaison services between area businesses and city agencies are also available. The IPIP is located in The East Brooklyn Economic Development Zone and standard EDZ benefits- tax and utility savings- are available. The IPIP is contiguous with a New York City Business Improvement District [BID].
The New York State Empire Zone program was created in 1986 to help qualified companies reduce their cost of doing business. North Brooklyn was designated as an Empire Zone in 1998, and recently expanded in 2006 to include parts of Williamsburg and Greenpoint. As an Empire Zone certified business, firms are eligible to claim various credits against their New York State Tax liability. These credits are tied to employment and investment, and are available to industrial and manufacturing businesses located within the zone boundaries. There is a certification process which includes an application, review by a local Zone Administrative Board, and a state review to ensure each application is accurate and each business meets the State

The Greater Hunts Point Chamber of Commerce works for the benefit of more than 700 industrial businesses in Hunts Point, the largest food distribution center in the United States. The GHPCC hosts business seminars and public events aimed at building connections between Hunts Point businesses, and between Hunts Point and other companies interested in doing business with Hunts Point.

The Greenpoint Manufacturing & Design Center [GMDC] is the premier nonprofit industrial developer in New York City. Since its inception in 1992, GMDC has rehabilitated six North Brooklyn Manufacturing buildings for occupancy by small manufacturing enterprises, artisans and artists. Currently GMDC owns and manages five of these properties, which together represent more than half a million square feet of space. These buildings are occupied by more than 100 businesses that together employ more than 500 people. GMDC, in addition to managing, maintaining, and improving its properties, actively looks for still more opportunites to uncover underutilized buildings. Crafting public/private financing, engaging staff in building design and reconstruction, and marketing newly renovated spaces to small businesses, manufacturers, and craftspeople. GMDC can influence how unused properties will be reinvented and push its mixed-use agenda. GMDC seeks to position itself as a national model that could be replicated. Keeping light manufacturing and artisans in American cities is paramount to the preservation of buoyant mixed-use communities.

Since 1988, the Hunts Point Economic Development Corporation (HPEDC) has been under contract with the City of New York to manage the Hunts Point  Industrial Park Business Zone. The Hunts Point Industrial Business Zone is home to the largest food distribution center on the east coast. It includes more than 800 businesses and 25,000 employees. HPEDC monitors and coordinates municipal services for the Hunts Point industrial park in partnership with government. HPEDC offers the following services to businesses: area maintenance, ombudsman services, security, real estate assistance, financing, business expansion assistance, waste assessment, and employment services.

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