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Second Quarter 1999

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We administer the Elmira Economic Development Zone which offers a variety of economic development incentives, including:

  • Investment tax credit
  • Wage tax credit
  • EDZ capital tax credit
  • Utility rate reduction
  • NYS sales tax refund
  • Property tax abatement
  • Technical assistance

STEG also extends bond financing and related services to industrial and certain commercial development projects through our affiliation with the Chemung County Industrial Development Agency.

We also offer free and confidential assistance with:

  • Real estate financing
  • Employee skills and training
  • Exporting
  • Machinery and equipment financing
  • Site selection
  • Public and private leadership access

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