Suffolk IDA

02/05/2021

NY Assembly to pass bills protecting workers, small business

The New York Assembly passed legislation last Tuesday to help workers and small businesses financially survive the coronavirus pandemic. Under the new legislation, workers could collect unemployment insurance while working part-time, small businesses would be protected from being charged higher rates for unemployment insurance when they reopen and New York would put a stay on eviction and foreclosure for small businesses under the proposed legislation. https://bit.ly/3owG9b2 Long Island Business News

New York's Democratic-led Assembly plans to pass legislation Tuesday to help workers and small businesses financially survive the coronavirus pandemic.

02/04/2021

The Suffolk IDA is proud to sponsor the Hauppauge Industrial Association of Long Island’s Tradable Sectors & How They Impact The Long Island Economy webinar. Join us on February 10 at 9 a.m. as Devin Kulka, CEO of the Kulka Group, and Anne Shybunko-Moore, CEO and founder of GSE Dynamics Inc., discuss how tradable sectors are a vital and reliable source of economic health in the region. To register, visit: https://bit.ly/3cwsTk7
HIA-LI

02/03/2021

Innovation in the Age of Coronavirus - Innovate Long Island

As part of Governor Cuomo’s new directive, houses of worship on Long Island have begun receiving community vaccination kits. These kits include office and cleaning supplies, PPE, privacy curtains, syringes, and other equipment needed to create a vaccination station. These kits were designed with the purpose of further strengthening fairness and equity in the vaccine-distribution process. https://bit.ly/3eXPFAs

The evolving COVID-19 pandemic and proliferating SARS-CoV-2 immunization programs continue to reshape the world around us, and myriad Long Island forces – large and small, corporate and nonprofit, industrial and academic – continue to meet the challenge. Innovate Long Island presents Innovation ...

02/02/2021

NYMEP Personal Protective Equipment (PPE) Grant Application

Starting last week, New York State began accepting applications for $10,000 grants for Personal Protective Equipment (PPE) manufacturers. The NYMEP PPE grant program was created to fund select projects that maximize PPE lifespan, thereby minimizing costs and waste. Improved cleaning products, sanitizing equipment, sustainable PPE designs, and products targeting re-use are being considered. Grants will be awarded on a first come, first serve basis. To fill out the application, go to: https://bit.ly/3pQhlMN

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02/01/2021

Henry Schein plans $15M HQ upgrade, seeks tax breaks

Henry Schein, Inc. received preliminary approval from the Suffolk IDA to invest $15 million into the renovation of its two existing Melville facilities. As Long Island’s only Fortune 500 tenant, the IDA’s assistance on this project will allow the company to make state-of-the-art upgrades to its buildings, attracting new job talent and retaining an impressive 1,223 employee-base with an average annual salary of $131,000. https://nwsdy.li/2MKxnZC

Henry Schein Inc., Long Island's largest public company by revenue, won first approval on Thursday for 15 years of tax breaks to support $15 million in improvements to its Melville headquarters. The S

01/29/2021

Meet With Us - Suffolk County IDA

Whether your business is big or small, learn how the Suffolk IDA can help take your business to the next level. Set up a meeting today and find out why Suffolk County is the place to move or expand your business! https://bit.ly/33C8Ex6

Fill out the form to set up a meeting with a member of our professional economic development team. One of us will reach out shortly to set it up.

01/28/2021

Join the Long Island Association on February 2 for the virtual Economic Development & Infrastructure Committee Meeting. Listen on as industry leaders discuss the impact of Covid-19 on our region’s real estate industry as well as the latest trends and opportunities to repurpose commercial real estate. To register, go to:

https://bit.ly/3iJePVN Long Island Association

01/27/2021

State launches Offshore Wind Training Institute, again - Innovate Long Island

New York’s Offshore Wind Training Institute set sail last week. The OWTI will facilitate academia/industry partnerships focused on renewable-energy projects, advancing wind-energy training and training for other jobs critical to New York’s clean-energy push. The investment into this up-and-coming industry is set to help the local economy bounce back following the effects of the pandemic. To Read the full article, visit: https://bit.ly/3oi5l55 @InnovateLI

By GREGORY ZELLER // Representing the largest public investment by any state in offshore wind workforce development, New York’s Offshore Wind Training Institute is now afloat. Seriously. The State University of New York and the New York State Energy Research and Development Authority launched (or ...

01/26/2021

US industrial production jumps 1.6% in December

The month of December saw an impressive 1.6 percent increase in US industrial production. This is the third consecutive month in which an increase has been seen. This comes as promising news for Long Island as an indicator for continued success in 2021. To read the full article, visit: https://bit.ly/2KLoGh5 Long Island Business News

U.S. industrial production rose 1.6% in December, a third straight monthly gain, but remains below its pre-pandemic level.

01/25/2021

'Thousands in tax savings' seen for firms in new COVID bill

The Consolidated Appropriations Act was signed into law at the end of 2020 and contains a reimbursement clause for small businesses that paid expenses using Paycheck Protection Program (PPP) loans. This decision comes as a reversal of a previous IRS position and could lead to thousands of dollars in tax savings for businesses. To read the full article, click here:

https://nwsdy.li/39Y0aSB

At year-end, a 5,593-page bill containing COVID-relief legislation was signed into law that included notable tax provisions for businesses, many of which were either extended or made permanent. Among

01/22/2021

New York expands vaccine eligibility to anyone over 65

As the two COVID-19 vaccines become more readily available to the public, Governor Cuomo announced last Tuesday that the 65 and older group is now eligible to begin receiving the vaccine. Those 65 and older join outpatient/ambulatory front-line, high-risk health care workers of any age who provide direct in-person patient care, or other staff in a position in which they have direct contact to be among the first to get the vaccine. To read the full article, click here: https://bit.ly/2Lxxg3D Long Island Business News

New York state expanded eligibility for the COVID-19 vaccine again to allow anyone over age 65 to get it, Gov. Andrew Cuomo announced Tuesday.

01/21/2021

As we continue to learn more about the new variant of the coronavirus, the FDA has approved two testing kits for Emergency Use Authorization to detect the new strain. One of them is being produced right here on Long Island. Applied DNA Science’s Linea COVID-19 Assay Kit has been identified by the FDA as a potential detector of SARS-CoV-2. To read the full article, visit: https://bit.ly/39GpVXp

01/20/2021

Applications for restaurant grants available now

Raising the Bar Restaurant Recovery Fund offers reimbursement grants of up to $5,000 for the purchase of partitions, heat lamps, insulated food delivery bags and other equipment. Applications are now being accepted for this grant program which helps small restaurants on Long Island and statewide pay for the equipment needed to operate this winter due to COVID-19 dining restrictions. Click here to read the full article: https://nwsdy.li/39KT1VL
Newsday

Applications will be accepted starting Monday for a grant program that helps small restaurants on Long Island and statewide pay for the equipment needed to operate this winter because of COVID-19 dini

01/19/2021

2021 NYSEDC Economic Development Conference - New York State Economic Development Council

Join the Suffolk IDA and other industry leaders tomorrow for this year’s New York State Economic Development Council Conference. The Suffolk IDA will be participating in a panel discussion about effectively communicating the role and overall purpose of IDA’s and how each project ties into the growth and overall strength of our local and regional economy. https://bit.ly/3sCKBsa New York State Economic Development Council

The Site Selection Industry evolved and adapted throughout the COVID Pandemic. Hear from leading industry experts on what’s happening with site selection, opportunities that exist for New York State, and how we can position ourselves for growth during the economic recovery.

01/18/2021

Today we honor the life and legacy of civil rights activist, Dr. Martin Luther King, Jr. Let us take today to reflect on all that unites us.

01/15/2021

The Suffolk IDA is a proud sponsor of the 43rd Annual Hauppauge Industrial Association of Long Island’s Meeting and Legislative Program next Friday! This year’s program, modified for Zoom, will still focus on local and state legislative agendas for 2021 and feature an assortment of regional officeholders in a group discussion moderated by HIA-LI Board Chairman Joe Campolo. To register for the event, go to: https://bit.ly/2LpylKH

01/15/2021

HIA-LI's Suffolk County Vaccine Update

It’s not too late to register for the Hauppauge Industrial Association and the Suffolk County Labor Department’s webinar “The Vaccine Status and What is Needed to Create your own Pod" today at 12 PM. Learn everything you need to know about the status of the COVID-19 vaccines and what you can do to create your own pod. Hear from County Executive Bellone and industry leaders regarding the continued rollout of the vaccines. To register, click here: https://bit.ly/3idxpVC HIA-LI

Suffolk County Department of Labor Discuss Vaccine Status and Creating Your Own Pods

01/14/2021

As COVID-19 cases continue to rise and a new variant is being detected in New York, it is up to each of us to do our part to stop the spread. Wear your mask and remain socially distant. We will get through this if we all work together. Stay responsible and stay safe!

01/14/2021

Join the Hauppauge Industrial Association of Long Island, in partnership with the Suffolk County Labor Department, for the informative webinar “The Vaccine Status and What is Needed to Create your own Pod." Suffolk County Executive, Steven Bellone, and industry leaders will be weighing in on this timely discussion taking place tomorrow, Friday, January 15 at 12:00 PM. To register, click here: https://bit.ly/3idxpVC

01/13/2021

Office of Financial Assistance | Resources | The U.S. Small Business Administration | SBA.gov

If you’re a small business looking for an incredible financing deal, regardless of whether the pandemic has affected your day-to-day operations, then pay attention. The newest stimulus bill now forgives up to eight months of interest payments from the Small Business Administration’s Section 7(a) and 504 Microloans. In the case of a Section 7(a) loan small businesses have the opportunity to use it for working capital, equipment, inventory and business acquisitions while 504 Microloans serve as drivers of economic development and job growth. To find out more, visit: https://bit.ly/38ymuCM

The SBA 504 Loan program is a powerful economic development loan program that offers small businesses another avenue for business financing, while promoting business growth, and job creation. As of February 15, 2012, the $50 Billion in 504 loans has created over 2 million jobs. This program is a pro...

01/12/2021

Digital Marketing Strategies for Small Business

Is your company focusing more of its sales efforts on ecommerce? If so, then you must join The Farmingdale State College Small Business Development Center as they present a free virtual panel discussion laying out a roadmap for new-enterprise digital marketing, including site design, responsive development, email marketing and more. To register, visit: https://conta.cc/3qbtKKU

Panel discussion will create a roadmap of digital marketing strategies that are important for small and new business enterprises to implement. Topics: Site design, Responsive Web, Organic SEO/content, email marketing, social media, & paid online advertising opportunities. Q&A end of class. Presenter...

01/11/2021

Brooklyn distributor expanding on LI with $8.7M acquisition

Brooklyn-based beverage distributor, S.K.I. Beer is expanding onto Long Island with its acquisition of a Huntington Station industrial property. The new Oakwood Road facility is expected to add at least 50 more jobs at its new Huntington Station property within the next two years. To read the full article, click here: https://bit.ly/38wcTwm

The company expects to add 50 jobs at its new Huntington Station facility.

01/08/2021

Tune in on January 13 as the Long Island Advancement of Small Business is joined by PS Digital’s Director of Operations, Kevin Kelly, and Senior Account Executive, Brian LeDonne, to discuss the potential that small businesses have to grow in 2021. Find out how to optimize your Google My Business Page, Generating and obtaining positive online reviews, and the importance of your logo. To register, visit: https://bit.ly/38YDzF5

01/07/2021

Cuomo signs Small Business Truth in Lending Act

Governor Cuomo recently signed the Small Business Truth in Lending Act, providing further protections for small businesses that borrow from non-bank commercial lenders. The additional transparency and protection will help New York State small businesses to save millions annually while still contributing greatly to the local economy. To read the full article, click here: https://bit.ly/2X5Wvw2

The law requires basic, uniform disclosures on the terms and cost of financing which are necessary for business owners to compare different commercial loan

01/06/2021

Cuomo: 11 rail cars added to 2 artificial reefs off LI

11 additional rail cars were deployed last week to 2 artificial reefs off the coast of Long Island. The two reefs -- the Shinnecock artificial reef and the Moriches reef -- are part of a larger reef initiative that began in 2018 designed to bring in new species of aquatic life and help boost the local sports fishing and commercial diving industry. To read the full article, click here: https://nwsdy.li/38aF1on

Eleven rail cars have been deployed to artificial reefs off Long Island, bringing the year’s total in the state reef program to 75, Gov. Andrew M. Cuomo announced Tuesday. Seven rail cars were sent un

01/05/2021

Suozzi Helps Get Funds for Live-Entertainment Venues and Restaurants in New York in COVID-19 Relief Package

Independent restaurants and the live entertainment industry on Long Island are getting some much-needed support from the latest COVID-19 relief package. The Paycheck Protection Program will be revised to better assist with payroll expenses and $15 billion in targeted Small Business Administration grants. To read the full article, click here: https://bit.ly/3rVhuj6

Restaurants Suozzi Helps Get Funds for Live-Entertainment Venues and Restaurants in New York in COVID-19 Relief Package By Chris Boyle December 29, 2020 No Comments Congressman Tom Suozzi. Photo Credit: Chris Boyle ShareCongressman Tom Suozzi (D-Long Island, Queens) helped deliver a COVID-19 relief....

01/04/2021

Meet With Us - Suffolk County IDA

Set your business up for success in 2021! Schedule a meeting today with one of our seasoned professionals and find out why moving your business to Suffolk County is the right choice for you. To set up a meeting, fill out the online form here: https://bit.ly/33C8Ex6

Fill out the form to set up a meeting with a member of our professional economic development team. One of us will reach out shortly to set it up.

01/01/2021

From the Suffolk IDA, happy New Year to all. We look forward to a year of continuing to assist in the economic growth of Suffolk County. May 2021 bring everyone peace, prosperity, and good health!

12/31/2020

As we safely await the Times Square ball drop from our homes this year, the Suffolk County IDA wishes everyone a healthy and happy New Year’s Eve celebration. May we look ahead to all the promise that awaits us in 2021!

12/30/2020

A look back on 2020's LI Acts of Kindness

As 2020, a year unlike any other, comes to a close there’s one thing that stayed the same -- Long Island’s kindness. Let’s take a look back at all the acts of kindness that could be felt throughout the region. https://nwsdy.li/3rBkrW6 Newsday

A local halal group purchased 5,000 pounds of rice for communities in need. Latina mothers showed up at a Wyandanch COVID-19 testing site to help those who needed Spanish translations of important med

12/29/2020

Commercial Kitchen Equipment Sweepstakes | National Grid | New York Natural Gas & Electricity – National Grid

Attention small business owners! There are only a few days left to enter into National Grid’s Commercial Kitchen Equipment Sweepstakes. Sign up for your chance to be one of 100 winners to receive $5,000 toward energy efficient, gas-powered commercial kitchen equipment. Deadline to submit is December 31 so make sure you apply today! https://bit.ly/38NiFIC

Please complete this form to enter the sweepstakes for a chance to win $5,000 toward energy-efficient, gas-powered commercial kitchen equipment. But hurry, we must receive your entry by 5:00 p.m. ET December 31, 2020.