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NY

Excelsior Jobs Program Tax Credit

Refundable tax credits for tech, biotech, clean-tech, and software companies that create and maintain new jobs or make significant investment in New York State.

About this program

Visit the program website for full details.

Eligibility

Companies in targeted industries including biotechnology, pharmaceutical, high-tech, clean-technology, software development, and financial services that create net new jobs or make qualified capital investments. Software development firms must create a minimum of 10 net new jobs.

Requirements

  • Operate in a qualifying industry (biotech, pharma, high-tech, clean-tech, software, financial services, manufacturing, or ag)
  • Create and maintain net new jobs in New York State (minimum thresholds vary by industry)
  • Complete a Consolidated Funding Application (CFA) through nyworks.ny.gov