Wyoming County, New York is a great place to start a new business: low-cost business environment, available workforce that is renowned for their work ethic, affordable real estate and quality of life enhanced by some of the best outdoor and recreational opportunities in New York. This is a place where small businesses that focus on delivering exceptional products and services can thrive. We are a proven market for a wide range of industries and business opportunities. Whether you are a small startup, a home-based business or a large corporation, your business can be a success in Wyoming County, NY. We have a wealth of services and resources to meet your business needs. Wyoming County, NY Incentives and Programs
The Wyoming County Economic Development Team assists both current business owners and future entrepreneurs interested in starting new businesses with assistance on business planning and incentives for expansion opportunities and we connect business and industry groups with strategic alliances, resources and new economic opportunities. Contact Jim Pierce, Executive Director.
Select the Right Location for Your Business
Whether you buy or lease, selecting the right location is one of the critical decisions that will affect the long-term success of your business. The Wyoming County Economic Development team can assist you in identifying a property to meet your needs and walk you through the process of establishing your business here. Let us help you on your first steps to becoming part of the business community of Wyoming County.
Start-Up and Building Your Business
If you are an entrepreneur with an innovative business idea or an existing business looking to grow and expand the Wyoming County Business Fast Track Program can help. The Wyoming County Business Fast Track Program, built on the Kauffman Foundation's FastTrac platform, offers you a hands-on, real-world educational experience that will help you start or grow your business and gain access to a network of resources. The Wyoming County Business Fast Track Program equips aspiring entrepreneurs with the business skills and insights, tools, resources, and peer networks necessary to start and grow successful businesses.
Fund Your Business
The Wyoming County Business Center, Inc. administers a low-interest fixed-rate micro-loan program available to qualified startups and existing businesses. Micro-loans range from a minimum of $10,000 to a maximum of $50,000.
The current interest rate is 2% and the terms are five to seven years. These funds can be used for working capital, furniture, fixtures, equipment, inventory, materials and supplies. Refinancing of existing debt is not eligible.
The Wyoming County Micro-Loan Program is designed to serve as gap financing or if a borrower has been declined by a bank. Its focus is to support underserved markets, including borrowers considered lower income or have little to no credit history.