Monroe County Industrial Development Corporation

What Monroe County Industrial Development Corporation does

Monroe County Industrial Development Corporation (MCIDC) is a government economic development agency operating under the authority of Article 18A of New York State's General Municipal Law, providing administrative support to the County of Monroe Industrial Development Agency (COMIDA) and the Monroe County Finger Lakes APEX Accelerator. The organization is structured with a 12-person professional staff led by Executive Director Ana Liss and Deputy Director Robin Finnerty, headquartered at 50 West Main Street, Suite 1150 in Rochester, NY. It serves for-profit companies seeking to locate, expand, or grow in Monroe County through a comprehensive suite of financial incentive tools.

The organization's core offerings span PILOT (Payment In Lieu Of Tax) incentive programs including JobsPlus, Enhanced JobsPlus, LeasePlus, Green JobsPlus, and Shelter Rent; rebate and tax programs (EQUIP Monroe, Small Business Sales Tax Exemption); lending programs (Micro Advantage Loan Program of $10,000-$50,000, SBA 504 loans, Revolving Loan Fund, Open C-PACE); workforce development initiatives (RETAIN, mPower, Helmets to Hardhats, Monroe on the Job); Foreign Trade Zone #141 services; and government contracting counseling through APEX. In 2025, the organization facilitated 31 projects generating $192,842,190 in capital investment, retaining 562 jobs and creating 465 jobs. Notable regional employer customers include Wegmans, Xerox, Constellation Brands, and Paychex.

MCIDC operates as a public-purpose entity rather than a revenue-generating commercial enterprise. Application fees are standardized at $350 per COMIDA project, with additional fees for modifications and assumptions. The organization leverages a deep partnership ecosystem including Monroe County Government, Greater Rochester Enterprise, Monroe Community College, Empire State Development, SBA, RochesterWorks!, and the Greater Rochester Chamber of Commerce. The business model relies on statutory authority, geographic advantage within the Finger Lakes region, and a talent pipeline supported by 19 regional colleges and universities.

Name

Monroe County Industrial Development Corporation

Legal name

Monroe County Economic Development

Website

https://monroecountybusiness.org

Company type

Private

Operating status

Operating

Short description

MCIDC is a government economic development agency administering tax exemptions, PILOT programs, tax-exempt bond financing, SBA 504 loans, and Foreign Trade Zone #141 for for-profit businesses locating or expanding in Monroe County, New York.

Ownership category

akta.pro rank

Product category

Economic Development Services

NAICS

Administration of General Economic Programs (92611)

SIC

Services-Facilities Support Management Services (8744)

akta.pro primary industry

Economic Development & Business Licensing (Local) (BPAIACAN)

Keywords

• Economic development incentives
• Tax abatement programs
• Commercial lending programs
• Workforce development services
• Foreign trade zone

Headquarters

HQ city

Rochester

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others

Revenue model

1. Application Fee Revenue: Monroe County Economic Development charges application fees for project assistance. Standard application fee is $350 for COMIDA projects. Fees also apply for modifications and assumptions of existing projects.
2. Tax Abatement Administration: Administration of PILOT (Payment In Lieu Of Tax) incentive programs including JobsPlus, Enhanced JobsPlus, LeasePlus, Green JobsPlus, and Shelter Rent programs that provide property tax abatements to qualifying companies.
3. Economic Impact Services: Services to for-profit companies including sales and mortgage tax exemptions, real property tax abatements, and access to lower interest rates through tax-exempt bond issues.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

Core offering

Monroe County Industrial Development Corporation (MCIDC) administers economic development programs for businesses in Monroe County, New York, including Payment In Lieu Of Tax (PILOT) tax abatement programs, tax-exempt bond financing, SBA 504 loans, small business micro loans, equipment rebates, sales and mortgage tax exemptions, and Foreign Trade Zone #141 benefits. Through its subsidiary COMIDA and the Monroe County Finger Lakes APEX Accelerator, it also provides government contract counseling and workforce development initiatives such as mPower and RETAIN.

Product overview

Monroe County Industrial Development Corporation (MCIDC) operates as an economic development organization offering a comprehensive suite of financial assistance programs, tax incentive structures, workforce development initiatives, and foreign trade zone benefits to support business growth in Monroe County, New York. The organization administers programs through COMIDA (County of Monroe Industrial Development Agency), providing tax abatements, low-interest financing through SBA partnerships, small business loans, and workforce training programs. These programs are designed to attract, retain, and expand businesses across various sectors including manufacturing, technology, food and beverage, and optics/photonics industries.

Differentiator

Problem solved

Functional benefit

Brands

• mPower: A Monroe County workforce development initiative partnership between MCC and Monroe County focused on upskilling and reskilling of county residents
• EQUIP Monroe
• JobsPlus
• Green JobsPlus
• SBA 504 Loan Program
• Monroe County Foreign Trade Zone

Products and services

• PILOT Incentive Programs
• Workforce Development Programs
• Rebate & Tax Programs
• Startup & Small Business Programs
• Lending Programs
• Monroe County Foreign Trade Zone #141
• Grow Monroe

Quantifiable outcome

• 31 projects facilitated in 2025 with $192,842,190 capital investment
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Monroe County GovernmentcoreStrategic or Co-development PartnerMonroe County government and Monroe County Economic Development work closely together to make Monroe County an ideal place to do business. The Economic Development Division provides administrative support to COMIDA and MCIDC.
• Greater Rochester EnterprisecoreStrategic or Co-development PartnerRegional economic development organization supported by a team of private and public sector leaders dedicated to improving economic performance in the Rochester/Finger Lakes, New York Region.
• Monroe Community CollegecoreStrategic or Co-development PartnerEstablished in 1961, MCC is a member of the SUNY System and provides workforce development through its Economic Development & Innovative Workforce Services division.
• Empire State DevelopmentcoreStrategic or Co-development PartnerNew York State's chief economic development agency providing statewide support and resources.
• Next CorpsminorStrategic or Co-development PartnerCatalyst for entrepreneurship and innovation-based economic development in the Rochester region.
• City of RochestercoreStrategic or Co-development PartnerPartnership with the City of Rochester to support economic development activities throughout the city and county.
• RochesterWorks!coreStrategic or Co-development PartnerMonroe County's largest employment and training initiative dedicated to helping Monroe County develop a strong workforce.
• Rochester Downtown Development Corp.minorStrategic or Co-development PartnerDelivers a vibrant and economically strong downtown as part of the region's larger asset package.
• Rochester Gas & Electric CorpminorStrategic or Co-development PartnerRG&E serves electricity and natural gas customers in a nine-county region centered on the City of Rochester.
• Greater Rochester Chamber of CommercecoreStrategic or Co-development PartnerThe chamber of commerce for the nine-county Rochester region providing information, advocacy, human resource services and networking.
• OneROCminorStrategic or Co-development PartnerAlliance of economic development organizations dedicated to making Greater Rochester one of the most dynamic regional economies in the U.S.
• Builders Exchange of Rochester (ROBEX)minorStrategic or Co-development PartnerPartnership for local labor policy requiring project invitations to bids to be placed in ROBEX Plan Room for projects with minimum $5,000,000 investment.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Others

• International Economic Development Council: Global professional association for economic developers. Comparable professional/ecosystem peer providing standards, accreditation, and training that MCIDC staff commonly engage with as members.
• New York State Economic Development Council: Statewide trade association representing New York's IDAs, economic development organizations, and practitioners. Comparable ecosystem participant that provides training, advocacy, and best-practice sharing relevant to MCIDC's operations.

Direct peers

• Greater Rochester Enterprise: Regional economic development organization covering the same nine-county Rochester/Finger Lakes footprint as MCIDC. Comparable mission of business attraction and retention in overlapping territory with a closely aligned private/public-sector partnership structure.
• CenterState CEO: Syracuse-based private/public economic development organization combining chamber-of-commerce functions with attraction, retention, and workforce programs. Comparable breadth of programs and similar upstate NY market positioning.
• Genesee County Economic Development Center: County-level economic development organization in the Finger Lakes region offering tax incentives, shovel-ready site development, and project facilitation under NY IDA authorities. Highly comparable mandate and adjacent service geography.
• Buffalo Niagara Partnership: Regional business attraction and advocacy organization for the Buffalo/Niagara region, providing similar business-recruitment, incentive-navigation, and workforce-development services as MCIDC within a competing upstate NY market.
• Niagara County Center for Economic Development: County-level economic development agency administering PILOT programs and small-business lending in adjacent Niagara County. Same NY statutory framework and substantially overlapping program design.
• Onondaga County Industrial Development Agency: County-level IDA in Syracuse offering the same Article 18A-style PILOT tax abatements, straight-lease transactions, and tax-exempt bond financing as MCIDC. Directly comparable product stack and statutory authority, serving a neighboring Central NY market.
• Erie County Industrial Development Agency: Buffalo-area county IDA administering PILOT programs, tax-exempt bond financing, and straight-lease transactions under the same NY General Municipal Law framework. Closely comparable in mandate, instruments, and regulatory environment.

Broad incumbents

• Empire State Development: New York State's chief economic development umbrella agency that funds, oversees, and often co-invests with county IDAs like MCIDC. Operates overlapping programs (Excelsior Jobs, START-UP NY) but at a broader statewide scale rather than Monroe County specialization.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCfd3PpBrm5ZRh5z2_lqeJ5Q

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about Monroe County Industrial Development Corporation