East Williamsburg Valley Industrial
Development Corporation (EWVIDCO)
EWVIDCO works to meet the needs of over 1000 businesses in industrial North Brooklyn. These businesses, which employ over 15,000 residents, depend on EWVIDCO for free, quick and reliable assistance on a variety of issues, including:
- Tax Credits and Incentives to encourage investment in workforce and facilities;
- Financing for local firms, including lines of credit, loans for property or equipment purchase and large scale financing for complex industrial development;
- Real Estate and Relocation Assistance;
- Energy efficiency programs aimed at reducing utility costs and usage
- Green Initiatves that help firms save money reducing waste and increasing efficiency;
- Workforce Initiatives, including employee recruitment, training support and best practice information;
- Business Growth including business planning, procurement opportunities, export programs and M/WBE certification;
- Networking opportunities, business seminars and other special events; and
- Advocacy on issues impacting businesses in North Brooklyn and beyond.
Through the NYC Industrial Business Zone (IBZ) program, EWVIDCO is responsible for meeting the business service needs of over 300 industrial businesses in the Greenpoint/Williamsburg Industrial Business Zone and Ombudsman Zone and over 700 industrial businesses in the North Brooklyn Industrial Business Zone and Ombudsman Zone.
In 2010 EWVIDCO obtained $4,900,000 in financing for 10 local firms. Additionally, staff helped 15 companies obtain 20 different city and state incentives. We placed 12 employees in jobs and successfully maintained 13,200 square feet of affordable industrial space to reain manufacturing jobs in our community
For more information, contact Leah Archibald, (718) 388-7287 ext. 168 or larchibald@ewvidco.com
