ECIDA Creates New MWBE Incentive
The Erie County Industrial Development Agency recently approved a new incentive for MWBE subcontractor utilization, known as the Economic Inclusion Program.Â
 To qualify for the incentive, applicants must achieve a 30% MWBE utilization rate (25% MBE/5% WBE) in the construction phase of a project. Additionally, post-construction, applicants must meet a 30% M/W job creation requirement. Applicants must also commit to some post-project initiatives, including MWBE procurement practices, adopting a DEI policy, providing DEI training for staff, or providing mentorship for MWBE businesses. Â
Applicants who meet these criteria are eligible for larger and longer tax abatements through ECIDA (see chart below). Â
Although a heavy-handed MWBE mandate was initially discussed, the BNP successfully advocated for making this policy an opt-in incentive.Â
The full policy is available here. Businesses interested in learning how their DEI strategy can make them eligible for this incentive should contact the BNP’s Kenya Hobbs at khobbs@thepartnership.org. Â
Related Posts
Workforce Policy Update March 2022
The BNP works closely with government leaders to keep them informed of employer challenges and to advocate for policy that would ease the workforce crisis. The BNP supports legislation that expands access to education and training, makes quality childcare more accessible, removes barriers to workforce participation, and reforms our immigration system to meet our region’s workforce needs.
What is Carbon Pricing?
In the New York State Climate Action Council’s Draft Scoping Plan, the Council recommends implementing some form of carbon pricing to help the state combat climate change. So, what is carbon pricing, and how would it impact New York?
2.10.22 COVID Bulletin: BNP Gets Answers on Masking and HERO Act
Yesterday, Governor Kathy Hochul announced she would repeal the state’s mask mandate, effective today. However, her announcement did not proactively address how the repeal coincided with the NY HERO Act, which would have required employees in most workplaces to continue masking.
2.9.22 COVID-19 Bulletin: Hochul Ends Mask Mandate; Poloncarz Will Follow Suit
Today, Governor Kathy Hochul announced she will NOT be renewing the state’s mask mandate, so the mandate will expire tomorrow.