New York Excelsior Jobs Program
Excelsior Jobs Program
Open continuously
No deadline — apply whenever you are ready.
No fixed per-company ceiling; the benefit is a package of fully refundable tax credits sized against a company's own wages, investment and R&D. Rates: Excelsior Jobs Tax Credit 'a credit of up to 6.85% of wages per net new job' (7% semiconductor supply chain, 7.5% green/green CHIPS); Investment Tax Credit 2% of qualified investments (3% semiconductor, 5% green/green CHIPS and child care); R&D Tax Credit '50% of the portion of the Federal Research and Development tax credit' capped at 6% of qualifying research expenditures in New York; plus Real Property and Child Care Services credits. Credits are claimed 'over a benefit period of up to 10 years' (up to 20 years for green CHIPS).
Empire State Development (ESD), New York State
public · regional
Deadline: Open all year — Applications are accepted on a rolling basis, subject to the annual programme cap; also accessible through New York's Consolidated Funding Application rounds.
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Moderate — a form and supporting documents.
Who can apply
- Sectors: deeptech, health, ai, agri, manufacturing, creative
- Stage: seed, Series A and growth
- R&D activity required
- Locally registered entity required
Job thresholds by sector: scientific research and development 5+, software development 5+, life sciences 5+, agriculture 5+, manufacturing 5+, music production 5+, financial services back office 25+, distribution 50+, entertainment 100+. Other firms need 'at least 150 net new jobs and investing at least $3 million'. The 5-job thresholds for software, life sciences and R&D make this genuinely reachable by a funded startup. Credits are fully refundable, which matters for pre-profit companies. State programme - no SAM.gov registration or UEI required.
How to apply
- Confirm your industry qualifies and you can meet the net new job threshold (5 jobs for scientific R&D, software development, life sciences, agriculture, manufacturing and music production). — link
- Contact the appropriate ESD Industry Director or ESD Regional Office, or submit via the Consolidated Funding Application.
- Receive a Certificate of Eligibility, then annually document job and investment performance to receive a Certificate of Tax Credit.
What you will need
- Application to ESD with job creation and investment schedule
- Annual performance reports evidencing net new jobs and qualified investment
Related reading: How grant deadlines actually work · R&D tax credit vs. grant: the difference that changes your claim
Source. https://esd.ny.gov/excelsior-jobs-program
"A credit of up to 6.85% of wages per net new job"
Verified on 14 August 2026
Source: esd.ny.gov
Similar programmes
New Jersey Technology Business Tax Certificate Transfer (NOL) Program
Status not publishedNew Jersey Economic Development Authority (NJEDA)
Qualified New Business Venture (QNBV) Program
Open continuouslyWisconsin Economic Development Corporation (WEDC)
Indiana Venture Capital Investment (VCI) Tax Credit
Status not publishedIndiana Economic Development Corporation (IEDC)
New Jersey Angel Investor Tax Credit
Open continuouslyNew Jersey Economic Development Authority (NJEDA)
Maryland Biotechnology Investment Incentive Tax Credit (BIITC)
Status not publishedMaryland Department of Commerce
Keystone Innovation Zone (KIZ) Tax Credit
Status not publishedPennsylvania Department of Community and Economic Development
Free
Get deadline alerts for United States programmes
One email when a programme in your country closes in 2 weeks or 3 days, or newly opens. No spam, one click to stop. Covers every programme in the country you pick. Free covers one country; a paid plan can watch as many as you like.
Paid, separate from Unclaimed
Want a human to review your application?
Involve Consulting can help — a paid expert-review service run by the same person behind Unclaimed, entirely separate from this free check. A flat fee, agreed up front; never a cut of what you receive.
Talk to Involve Consulting