New York State established START-UP NY—which stands for SUNY Tax-Free Areas to Revitalize and Transform Upstate NY—as a way to transform communities across the state. This initiative gives companies the opportunity to operate state tax-free on, or near, a UB campus. If you qualify, your eligible employees will also pay no state personal income taxes. At UB, we can help you navigate the START-UP NY program.
In addition to tax benefits, the START-UP NY program under UB sponsorship allows companies to align their businesses with university resources and facilities, access to UB students, faculty and alumni, connect with a vast support network and more.
You may be eligible for START-UP NY if your business is:
In addition, your business must: