The Right Resources
Nassau County LEADS the Way to Small Business Success
Thanks to the LEADS (Local Enterprise Assistance and Development Service) program launched by the Nassau County Industrial Development Agency (IDA)—small and mid-size businesses have access to integral business resources such as financial assistance, tax exemptions and other unsurpassed opportunities.
We provide the resources, so you can focus on profit. Let LEADS launch your business on the path to success.
Financial Assistance for Small Business
The Nassau County Industrial Development Agency (IDA) created the Nassau County Local Enterprise Assistance and Development Service (LEADS) program to provide direct financial assistance and economic development services to Nassau County’s small and mid-size business community. LEADS offers sales and use tax exemptions to existing small businesses, access to a dedicated small business loan fund, and an information kiosk designed to expeditiously answer regulatory and licensing issues. LEADS will also connect businesses with our local, state and federal economic development partners. Staffed by an experienced team of economic development professionals,LEADS is dedicated to fostering the growth of Nassau County’s small business community.
Sales and Use Tax Exemption
Available for the first time anywhere in New York State, the IDA is now able to provide a sales tax exemption letter to qualifying small businesses that will assist them in purchasing furniture, fixtures and equipment and making capital improvements and renovations through the LEADS program. Saving small business owners 8.625% on their projects could be the difference between job creation and contraction.
LEADS creates a one-stop-shopping experience for any and all regulatory, governmental and economic development questions a small business may have. Navigating the layers of government is our job, not yours. Call or email LEADS with any question, and an economic development professional will provide guidance within 24 hours. From licensing, to energy incentives, to becoming a Nassau County vendor, LEADS is ready to lead the way.
Licenses and Procedures
To learn more about the licenses and procedures process of the LEADS program, click here for a detailed manual.
In 2013 The Nassau County Industrial Development Agency (IDA), launched a new program designed to provide assistance and development services to Nassau County’s small and midsize businesses. The program’s goal is to assist Main Street businesses with job revival. The Nassau LEADS (Local Enterprise Assistance & Development Services) program will serve as a clearinghouse for all economic incentives, relief and programs available to small and midsize businesses at the federal, state, county and local levels. The program will create a one-stop-shop for new and existing businesses, helping them navigate through the difficult waters of economic development and government regulation, as well as provide access to low-interest lending and energy incentives.
The Nassau LEADS program will assist businesses with regulatory issues such as zoning and license requirements as well as provide economic incentives like sales tax exemptions in exchange for job creation. Nassau LEADS is also working with LIPA/National Grid to provide eligible businesses with growth incentives and energy reduction rebates. Businesses interested in learning more about the Nassau LEADS program should contact (516) 571-1745.