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
1.28.22 COVID-19 Bulletin: Hochul Extends Mask Mandate
Today, Gov. Kathy Hochul extended the state’s mask mandate for indoor public places through February 10th. The mandate was previously set to expire on Tuesday.
1.13.22 COVID-19 Bulletin: SCOTUS Blocks Vax-or-Test Rule
This afternoon, the U.S. Supreme Court blocked OSHA’s emergency rule that required employees at workplaces of 100 or more to be vaccinated against COVID-19 or test weekly.
1.7.22 COVID Bulletin: The Latest on Vax Mandates – OSHA Rule to be Enforced MondayÂ
OSHA is set to begin enforcement of its Vax-or-Test Mandate for organizations with 100+ employees on Monday. After months of litigation, the latest U.S. Circuit Court decision upheld the mandate.
2022 Albany Preview: 11 Issues We’re Watching
On January 5, state legislators convened in Albany (or, on Zoom) to kick off the 2022 legislative session. All eyes are on Kathy Hochul as she navigates her first session as Governor and jockeys for position in the June gubernatorial primary race. Here are eleven issues we are watching as the session begins: