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Deadline to apply for up to $750M in business aid on July 29

From left, Long Island Regional Economic Development Council

From left, Long Island Regional Economic Development Council co-chair Stuart Rabinowitz, New York Lt. Gov. Kathleen Hochul and council co-chair Kevin Law Credit: Newsday / Thomas A. Ferrara

Developers, businesses and local governments have until July 29 at 4 p.m. to apply for a portion of up to $750 million in state tax credits and grants, officials said.

Empire State Development, the state’s primary business-aid agency, is accepting Consolidated Funding Applications as part of the sixth Regional Economic Development Councils competition.

The Long Island Regional Economic Development Council will review the applications and make funding recommendations to Albany. Winners are expected to be announced in December.

The Island has won $424.5 million for 468 projects since 2011, the third most of the state’s 10 regions.

More information can be found at http://on.ny.gov/1oin2kt or by sending an email message to nys-longisland@esd.ny.gov.

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