What Herkimer County Industrial Development does

Herkimer County Industrial Development Agency is a New York State public-benefit authority operating under the county's IDA framework. By structural convention, such agencies are chartered to administer economic development programs within their county — including tax abatements, industrial revenue bond financing, Payment-in-Lieu-of-Tax (PILOT) agreements, site and industrial-park development, and business attraction/retention support — for firms locating or expanding in the jurisdiction. The agency's nominal service area is Herkimer County, a rural upstate New York county, and its primary stakeholders are prospective and existing county-based businesses, municipal and county government counterparts, and state-level economic development partners.

The source material did not disclose a product inventory, technology stack, service catalog, deal pipeline, or pricing/fee schedule. Standard IDA revenue mechanics for entities of this class typically include bond issuance fees, lease/leaseback income, project-related application or administrative fees, and periodic payments from PILOT-encumbered properties — but none of these specifics are confirmed in the input and no pricing models were publicly disclosed.

The most significant limitation of this analysis is data sparsity: the underlying source webpage (herkimercountyida.org) returned only a loader/verification screen with no substantive content, and every downstream field — including company history, leadership, headcount, financials, customers, partnerships, and operating geographies — is reported as unavailable. Investment-relevant conclusions should be treated as provisional pending review of primary sources such as NYS Authorities Budget Office filings, the agency's annual reports, and county meeting minutes.

Name

Herkimer County Industrial Development

Website

https://herkimercountyida.org

Company type

Private

Founded year

1970

Headcount range

1–10 employees

Short description

Herkimer County Industrial Development Agency (IDA) is a New York State public economic development authority for Herkimer County, administering tax incentives, industrial revenue bond financing, PILOT agreements, and site development programs to attract and support business investment within the county.

Ownership category

akta.pro rank

Product category

Economic Development Services

NAICS

Other General Government Support (92119)

SIC

Federal & Federally-Sponsored Credit Agencies (6111), Services-Management Services (8741)

akta.pro primary industry

Economic Growth, Trade & Private Sector Development Programs (BPADABAF)

Keywords

• Industrial development
• Economic development
• Site selection services
• Business incentives
• Municipal financing

Headquarters

HQ city

Herkimer

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Core offering

The source content provided only a loading/verification page for herkimercountyida.org and contained no substantive description of products or services. Based solely on the entity's name (Herkimer County Industrial Development Agency), it appears to be a public-sector Industrial Development Agency, but specific offerings are not evidenced in the input.

Differentiator

Problem solved

Functional benefit

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Direct peers

• Montgomery County Industrial Development Agency: Regional NY county IDA sharing the Mohawk Valley economic geography with Herkimer County IDA, offering comparable PILOT, bond, and incentive programs to prospective industrial tenants.
• Otsego County Industrial Development Agency: Rural upstate NY county IDA with identical statutory mandate and similarly small-scale operational profile, directly competing with Herkimer County IDA for regional development projects.
• Oneida County Industrial Development Agency: Neighboring upstate NY county IDA with an identical statutory mandate (tax abatement, bond issuance, project financing) and direct overlap in the regional business-attraction market served by Herkimer County IDA.
• Jefferson County Industrial Development Agency: Northern NY county IDA with an identical mandate and similar scale, operating in the same competitive market for regional industrial and defense-related projects as Herkimer County IDA.
• Onondaga County Industrial Development Agency: Larger central NY county IDA (Syracuse region) with the same statutory functions but a meaningfully larger project pipeline and labor market; a regional competitor for businesses evaluating Herkimer County locations.
• Lewis County Industrial Development Agency: Upstate NY county IDA of comparable scale and rural profile, serving the same broad competitive set of small manufacturers, agribusinesses, and logistics projects as Herkimer County IDA.
• Fulton County Industrial Development Agency: Adjacent county-level IDA in the Mohawk Valley region with the same New York State statutory form, comparable rural/small-county scale, and overlapping project competition with Herkimer County IDA.
• Schoharie County Industrial Development Agency: Regional NY county IDA with shared statutory authority and small-county operating scale; competes for similar industrial attraction and retention projects within the upstate NY corridor.

Others

• NYS Economic Development Council: Industry association representing NY's network of IDAs, LDCs, and economic development organizations; a peer in the broader IDA ecosystem and a coordinating body for the county-level IDA community of which Herkimer County IDA is a member.

Broad incumbents

• Empire State Development: New York State's primary economic development agency; operates the state's top-level IDA-equivalent functions, UDC, and large regional incentive programs, making it the highest-level incumbent operating in the same statutory and policy space as county-level IDAs like Herkimer's.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat1 record

Key risks4 records

Key highlights3 records

Customer concentration

• Facebookfacebook.com/HerkCountyIDA
• LinkedInlinkedin.com/company/herkimer-county-industrial-development-agency

Revenue estimate

Valuation estimate

Number of profiles

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 Herkimer County Industrial Development