BUFFALO, N.Y. (WIVB) — Start-Up NY is helping the east side of Buffalo and the Town of Cheektowaga grow businesses, through a new agreement with Villa Maria College.
The college will now begin the process of receiving applications from businesses looking to invest in the East side and Cheektowaga communities, without having to pay taxes.
Larry Greene lives on Buffalo’s east side, and also owns a business. He says, “This can only be good for this area. It’s been coming up in the last five years or so and this can only help”.
Start-Up NY is a state program that started in 2013, giving companies 10 years without taxes when they open operations on eligible campuses across the state. Once the college is approved and space is designated, businesses that align with the institution’s academic goals and want to invest in the local economy can submit an application for the on-campus tax-free zone.
Villa Maria college will consider applicants for it’s 2,324 square feet of space from a variety of industries including advertising firms, animation, digital media, fashion industry and design, film-production companies, graphic and web design, interior design, music industry, public relations and communications, and recording studios.
“This is the beginning of a great opportunity not only for the college, but for our students and the surrounding community to receive additional investment from businesses,” Dr. Ryan Hartnett, assistant vice president of academic affairs said.