“It is my goal to create a positive business environment for companies within the County,” said IDA Chief Executive Officer Anthony Manetta. “We are proud of our accomplishments, but we are always looking to the future. The IDA has more initiatives planned for the upcoming year that will continue to make us one of the most innovative economic development agencies in the State."

The IDA has aggressively joined the effort of building the region's innovation based economy. Through a groundbreaking "Start-Up Connect" event the agency brought venture capitalists, early stage companies and resource partners to the Paramount in Huntington with 300 people attending. The agency will continue to focus on the ‘Boost Program,’ a unique approach to job creation in which tax incentives are given to start ups and early stage companies to help them grow into the large employers of the future. A sampling of Boost companies includes Greenstone Tires, Vitamix Laboratories and Work Market. These Boost companies will account for dozens of STEM related job opportunities in the future.

Deputy County Executive and Commissioner of Suffolk County Economic Development and Planning Joanne Minieri added, "The IDA has been a tremendous leader working with our local companies to retain and grow our workforce in a smart efficient manner. Constantly going up against out of state agencies and governors is not easy, but the IDA is proving they’re up to the task".

After Hurricane Sandy the IDA helped dozens of small businesses through its emergency sales tax relief program notably in the communities of Babylon, Islip and Fire Island which were areas that were severely impacted.

Fire Island business owner Scott Hirsch and member of ReViveFI said, "After Sandy the IDA was instrumental in being there for small businesses that were deeply affected by Hurricane Sandy. Their sales tax relief program made it more cost effective for local businesses to rebuild. We can't thank the Suffolk IDA enough for all their help."

Deputy Presiding Officer and the Chairman of the Legislature's Economic Development Committee Wayne Horsley said, "The IDA is making incredibly positive strides in branding our County as a place where companies want to continue to call home. I want to personally congratulate their ingenuity and commitment to fostering positive economic development in the County."

The Suffolk County Industrial Development Agency (IDA) is a public benefit corporation of the State of New York. The purpose of the agency is to promote economic development within Suffolk County. The Suffolk County IDA works in synergy with Suffolk County Executive Steven Bellone and Deputy County Executive and Commissioner of Suffolk County Economic Development and Planning Joanne Minieri to foster positive economic development within the County. For more information regarding the Suffolk County IDA log on to: www.suffolkida.org

 
 
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