ECIDA: Promoting business growth and economic welfare in Erie County since 1970, primarily self-funded.
Founded
1970
Location
Buffalo, NY, US
Founded in 1970 by an act of the New York State Legislature, the Erie County Industrial Development Agency (ECIDA) is a public benefit corporation dedicated to promoting and assisting private sector industrial and business development in Erie County. Its core mission is to advance job opportunities and enhance the economic welfare of the region's residents. ECIDA offers a range of services, including tax incentives, bond financing, and other financial assistance programs aimed at fostering business growth and investment in Erie County.
Notable figures affiliated with ECIDA include local government officials and business leaders who collaborate to drive economic initiatives. The agency is primarily self-funded, with 90% of its budget derived from fees. Over the years, ECIDA has played a pivotal role in numerous successful business expansions and relocations within Erie County, significantly contributing to the area's economic development and job creation.