Business Retention & Expansion Services
YOU STARTED YOUR BUSINESS.
YOU SHOW UP EVERYDAY.
WHAT'S NEXT?
Our Business Retention & Expansion Program is a critical element of our economic development toolkit. The program is focused on gaining knowledge and understanding about your business through a face-to-face visitation program; identifying challenges and opportunities for your business; and creating a path for your business success.
Easy Process
- Set up a face-to-face meeting at your location
- Complete our site survey
- Identify partners and additional resources to assist your business
- Create a follow up plan to maintain frequent communication
Let us know
- I'M looking to expand my business.
- I'M looking for FINANCING ASSISTANCE to grow business.
- I'M looking for infrastructure, utility or other technical tools to grow my business.
- I'M looking for an analysis to identify my current challenges and FUTURE opportunities.
Our Tools
Loan Financing
We currently administer three revolving loan programs to help you retain or expand your employment base.
Deal Structuring
We can partner with local lending institutions, municipal economic development organizations or other resources to help you achieve success.
Expansion Assistance
Looking to expand? Let us work with you to identify the right location for your future success.
Access to State Programs
With our experience, we can help you navigate the wide array of state funding programs that can assist with your business needs.
Featured Story
"Without the Agency, we would not have been able to get the financing help we needed to finish our project in such a smooth and efficient manner"
- Kathryn Sheredy [Owner of 250 Main St LLC]
250 Main St
How did the Agency help you?
Overall, we would say it was pretty smooth and cohesive. Mostly, it was very encouraging…they believed in our vision and even pushed us to go beyond what we thought was possible.
What was your experience in working with the Agency?
They helped us with the Broome Loan Fund to purchase the building and fully renovate it.
What has been the affect on your business?
Because of this loan, we have been are almost ready to open our doors. Our apartment building consists of 2 beautiful, urban experience lofts and in the bottom we will be hosting a coffee house right in the heart of Downtown Johnson City. We have a lot of foot traffic here so we are excited to be part of the urban renewal energy that is taking place here.
How does being in Broome County impact the success of your business?
Here, we have the access to resources that are easy to find, connect with decision makers, and be part of the movement that is happening to make our area grow. It is easy, friendly, and exciting!
Success Stories
ADEC Innovations
ADEC innovations has helped businesses for the past 30 years work efficiently with papa documents and has adapted this practice into the digital world.
How we helped: Renovations
Mechanical Specialties Co.
For over 50 years, Mechanical Specialties has brought the engineering and fabrication of precision parts and assemblies to national and international industries.
How we helped: Machinery and Equipment
Bing Hots
Voted one of the 39 most iconic college town restaurants in the US by USA Today College and College Magazine ranked Binghamton Hots as one of the 10 Best College Town Burger Joints.
How we helped: Purchasing and renovation of new location
Gearcore
Established in 2003, Gearcor, Inc. is a leading e-commerce retailer and business-to-business distributor of a broad range of specialized footwear products and personal protective equipment.
How we helped: Machinery and Equipment
Triple Cities Metal Finishing
Since 1945, Triple Cities Metal Finishing has been providing a variety of innovative surface finishing products to preeminent industries including aerospace, agriculture, automotive, and electronics.
How we helped: Machinery and Equipment
Midway Lanes, Inc
Midway Lanes, Inc is all about fun! The facility was revamped with a whole new family center experience consisting of laser tag, arcade games, and a spin zone.
How we helped: Sales Tax Abatement