Onondaga County Office of Economic Development

Name

Onondaga County Office of Economic Development

Legal name

Onondaga County Office of Economic Development

Website

https://ongoved.com

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Economic Development Services

NAICS

Administration of General Economic Programs (92611), Administration of Economic Programs (9261), Administration of Economic Programs (926)

SIC

Services-Facilities Support Management Services (8744)

akta.pro primary industry

Economic Development & Business Licensing (Local) (BPAIACAN)

akta.pro secondary industries

Mayor/City Manager & General Administration (BPAIACAA), Trade, Industry & Economic Development Administration (BPAIAAAL)

Keywords

• Economic development services
• Site selection assistance
• Industrial development agency
• Tax incentive programs
• Workforce development programs

Headquarters

HQ city

Syracuse

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Tax Incentive Administration: OCIDA administers tax abatements through PILOT (Payment In Lieu of Tax) agreements, sales & use tax exemptions, and mortgage recording tax exemptions for qualifying projects. Revenue is generated through administrative fees and the economic activity created by attracted businesses.

Go-to-market motion1 record

Distribution channels7 records

Marketing channels7 records

Core offering

The Onondaga County Office of Economic Development is a county government agency that provides free economic development services to businesses seeking to relocate to or expand within Onondaga County, New York. Its core offerings include site selection assistance, tax incentives and abatements through OCIDA, bond financing, workforce development support, Foreign Trade Zone services, and access to development sites including the White Pine Science & Technology Park adjacent to Micron's $100 billion semiconductor megafab.

Product overview

The Onondaga County Office of Economic Development operates as a collaborative government organization managing a portfolio of economic development agencies and development sites. The core offerings include OCIDA (tax incentives and bond financing), OCDC (conduit bond issuance for nonprofits), CRT (cultural resource financing), and OCOF (small business loans). Key development sites include the White Pine Science & Technology Park (adjacent to Micron's semiconductor megafab), White Pine Science & Technology Park West (6.35 acres), Shoppingtown Mall (65.6-acre redevelopment site), and Roth Steel (20-acre brownfield). Additional services include Foreign Trade Zone 90 (duty deferral/elimination) and workforce development programs including the Employee Productivity Program (up to $12,500 matching grants). The organization also supports Micron Technology's $100 billion semiconductor investment through supply chain development and Syracuse University's $10 million semiconductor manufacturing partnership.

Differentiator

Problem solved

Functional benefit

Brands

• OCIDA: Onondaga County Industrial Development Agency - stimulates economic development through incentives and financing
• OCDC
• CRT
• OCOF
• White Pine Science & Technology Park

Products and services

• White Pine Science & Technology Park A 105-acre development site adjacent to Micron's semiconductor facility, designed for semiconductor supply chain companies with abundant utilities and robust infrastructure.
• White Pine Science & Technology Park West A 6.35-acre greenfield site located in the Town of Clay, suitable for commercial/light industrial use, adjacent to the Micron site.
• Onondaga County Industrial Development Agency (OCIDA) Stimulates economic development through incentives including sales & use tax, mortgage recording tax, and real property tax abatements, as well as project financing via taxable and tax-exempt bonds.
• Onondaga Civic Development Corporation (OCDC) Supports economic growth through financial and technical assistance to businesses and nonprofits, acting as a conduit bond issuer for low-cost capital financing.
• Trust for Cultural Resources (CRT) Public benefit corporation that supports cultural institutions through financing opportunities for nonprofit organizations like educational institutions, museums, and theaters.
• Onondaga County Opportunity Fund Corporation (OCOF) Provides financial assistance to small businesses through Micro-Enterprise Fund, Small Business Assistance Fund, and Community Impact Fund programs with forgivable loan options.
• Foreign Trade Zone 90 (FTZ 90) A designated foreign trade zone covering Oswego, Onondaga, Cayuga, and Madison counties, enabling companies to save on duties, tariffs, and production costs through duty deferral and elimination programs.
• Shoppingtown Mall Site A 65.6-acre greyfield site (former shopping mall, approximately 750,000 sq. ft.) in DeWitt, NY available for redevelopment through RFP.
• Roth Steel Site A 20-acre brownfield site in Syracuse, NY suitable for agricultural processing, manufacturing, or commercial use, eligible for NYS Brownfield tax credits.
• Workforce Development Programs Includes Employee Productivity Program (EPP) offering matching grants up to $12,500 for training, plus partnerships with CNY Works, Onondaga Community College, and other workforce development organizations.

Quantifiable outcome

• 50,000 new jobs including 9,000 direct Micron jobs projected from semiconductor investment
• +4 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

22 partnerships are on record, tiered flagship, core and minor.

• Micron TechnologyflagshipStrategic or Co-development PartnerMicron Technology has committed $100 billion over 20 years to construct the largest semiconductor facility in U.S. history in Onondaga County. This is the largest private investment in the county's history and has positioned Central New York as a national leader in semiconductor memory production. OCIDA owns adjacent land at White Pine Science & Technology Park for supply chain companies.
• Syracuse UniversityflagshipStrategic or Co-development PartnerSyracuse University and Onondaga County partnered to create the Center for Advanced Semiconductor Manufacturing. The university invested $10 million plus received a $10 million county grant, part of over $100 million in engineering college expansion. The partnership supports Micron's workforce needs and provides R&D support for supply chain companies. Syracuse is classified as an R1 research university.
• Manufacturers' Association of Central New York (MACNY)coreStrategic or Co-development PartnerMACNY is one of the oldest manufacturers' associations in the nation and provides workforce development support, regional compensation information, HR consulting, purchasing consortia, custom training, and networking for manufacturing companies in the region.
• CNY WorkscoreStrategic or Co-development PartnerCNY Works coordinates local workforce activities for employers and job seekers, developing educational and training programs for incumbent workers, youth and adult job seekers. They provide grants for employer-identified training necessary to improve employee skill sets.
• Onondaga Community CollegecoreStrategic or Co-development PartnerOnondaga Community College operates an Applied Technology Center designed to address technical training requirements of local companies, including call centers. The center can design and implement training programs to accommodate specific company requirements.
• National GridcoreStrategic or Co-development PartnerNational Grid is the shareholder-owned utility for most of Upstate New York, offering economic development services including confidential site selection assistance, economic and demographic research, introductions to local vendor networks, and financial assistance to improve utility infrastructure for new capital investments.
• Onondaga-Cortland-Madison BOCEScoreStrategic or Co-development PartnerOCM BOCES develops and provides educational programs and services for businesses, offering customized training programs delivered at business locations or BOCES classrooms. Programs include mechanical, electrical, computer training, professional development, and customer service.
• Training Within Industry InstituteminorStrategic or Co-development PartnerThe TWI Institute provides education, training, materials, and implementation guidance for essential skills for supervisors and team leaders using a learn-by-doing approach.
• Central New York Technology Development Organization (CNYTDO)coreStrategic or Co-development PartnerCNYTDO is a regional member of NIST, delivering programs on Lean Manufacturing and providing customized solutions for Central New York businesses through the NIST Manufacturing Extension Partnership network for Lean, Six Sigma, and Quality System implementations.
• Empire State Development (ESD)coreStrategic or Co-development PartnerESD's Central New York regional office in Syracuse offers financial incentives to qualified business attraction and retention projects. Administers the Excelsior Jobs Program with five fully refundable tax credits for qualifying businesses over benefit periods up to 10 years.
• New York State Energy Research and Development Authority (NYSERDA)minorStrategic or Co-development PartnerNYSERDA supports energy efficiency, renewable energy development, and environmental protection through programs funded by System Benefits Charge to NYS utility customers.
• New York Power AuthoritycoreStrategic or Co-development PartnerAdministers ReCharge New York (RNY) program providing 910 megawatts of low-cost hydropower and purchased electricity to eligible businesses and nonprofits with contracts up to seven years.
• Central New York Regional Planning BoardcoreStrategic or Co-development PartnerServes the five-county Central New York region with comprehensive planning services for growth and development. Manages several small business loan programs and assists with planning and development of municipal business parks and public infrastructure.
• CenterState Corporation for Economic OpportunitycoreStrategic or Co-development PartnerNonprofit regional growth organization serving 12 counties, identifying key issues, communicating business priorities, pursuing strategic investments, and managing talent programs including Work Train, Project-ION, and Essential NY Jobs.
• Greater Syracuse Business Development Center (GSBDC)minorStrategic or Co-development PartnerCertified business development corporation offering financing packages for small to medium-sized businesses in Central New York, assisting with real estate acquisition, equipment, lease-hold improvements, working capital, and downtown investment.
• Syracuse Economic Development Corporation (SEDCO)minorStrategic or Co-development PartnerPublic authority acting as the City's revolving loan fund, providing low-interest fixed asset loans for land, buildings, or equipment and 3%-5% financing up to $125,000 for small business expansion, startup, or relocation within city limits.
• New York State Small Business Development Center at OCCcoreStrategic or Co-development PartnerOffers cost-free assistance to small businesses including business plan preparation, cost analysis, marketing, financial management, training, and market research through the SBDC Research Network.
• WISE Women's Business CenterminorStrategic or Co-development PartnerWomen's Business Center established in 2006, funded by SBA and hosted by Syracuse University's Whitman School of Management. Provides comprehensive business training and counseling for women entrepreneurs.
• City of SyracusecoreStrategic or Co-development PartnerCity's Business Development staff assists in attraction, relocation, expansion, and improvement of businesses within Syracuse, offering pre-development assistance, grants, loans, tax management, and development services.
• U.S. Small Business AdministrationcoreStrategic or Co-development PartnerFederal agency with Syracuse District Office providing resources for starting, growing, and succeeding in small business through nationwide network of resource partners.
• New York State Department of LaborminorStrategic or Co-development PartnerWorks with businesses and individuals to connect job seekers with opportunities, coordinate training and apprenticeship programs, and provide employment data.
• Japan External Trade Organization (JETRO)minorStrategic or Co-development PartnerInternational trade organization that has visited the Micron Technology site and Syracuse University, supporting international business connections in the semiconductor sector.

Scale indicators21 records

Recent moves13 records

Expansion highlights6 records

Direct peers

• Syracuse Economic Development Corporation (SEDCO): City of Syracuse's public economic-development authority providing revolving loan funds and small-business financing. It operates in the same geography with overlapping SMB attraction, retention, and incentive tools (complementary rather than duplicative to OCOF/OCIDA).
• Empire State Development (ESD): New York State's primary economic-development agency, which administers the Excelsior Jobs Program and funds the Central New York regional office in Syracuse. ESD is the state-level counterpart that channels major incentives to projects OCIDA attracts at the county level.
• Buffalo Niagara Partnership: Buffalo-area business and economic-development organization that similarly markets regional assets, coordinates workforce programs, and pursues advanced-manufacturing investment in Upstate New York — directly comparable in mission and tooling.
• Monroe County Office of Economic Development: Peer county-level economic-development office in Upstate New York with an IDA structure, similar site-selection and incentive toolkit, and overlapping advanced-manufacturing and semiconductor supply-chain attraction strategy.
• Greater Rochester Enterprise: Regional economic-development organization for the Rochester/Finger Lakes area with overlapping Upstate New York employer targets, similar site-selection and workforce-development service model, and shared Micron-adjacent supplier attraction goals.
• Greater Syracuse Business Development Corporation (GSBDC): Certified business development corporation providing financing packages to small and mid-sized businesses in Central New York; it is listed as an Onondaga County partner and offers directly overlapping SBA 504, real-estate, equipment, and working-capital lending.
• CenterState Corporation for Economic Opportunity: 12-county Central New York growth organization explicitly named as a strategic partner of the Onondaga County office; it runs talent programs (Work Train, Project-ION, Essential NY Jobs) and pursues strategic investments in the same geography.
• Erie County Department of Environment & Planning — Division of Economic Development: County-level economic-development function for the Buffalo/Erie region, comparable in scale, structure, and focus on manufacturing attraction, workforce development, and IDA-managed incentives in Upstate New York.

Others

• Industrial Development Agency Association of New York State: Industry association representing New York's IDAs, including OCIDA. It is not a competitor but the institutional ecosystem in which the Onondaga County IDA operates, sharing policy advocacy, training, and best-practice guidance.
• International Economic Development Council (IEDC): Professional association for the economic-development field. It is the closest professional-body peer for a public-sector economic-development office and sets the standards, training, and advocacy framework that organizations like Onondaga County's office operate within.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/onondagaecondev
• YouTubeyoutube.com/@onondagaecondev?sub_confirmation=1
• LinkedInlinkedin.com/company/onondagaecondev

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Onondaga County Office of Economic Development