
Excelsior Jobs Program Offers Tax Credits for Software and Video Game Developers
New York State’s Excelsior Jobs Program provides job creation and investment incentives to companies in specific industries including biotechnology, clean-technology, green technology, financial services. More recently the program was expanded to include entertainment, music, and video game production. In a nutshell, the Excelsior Jobs Program provides tax credit incentives for specified businesses in New York State that create and maintain new jobs or make investments. The program is administered by Empire State Development (ESD) which approves program applications and issues certificates to qualifying organizations allowing them to claim eligible tax credits. Software development companies operating in New York State, which