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LIDC HELPS
CREATE NEW RESOURCE GUIDE

LIDC has helped to create a new resource guide for businesses
on Long Island called "LI Citibusiness Connects". Sponsored
by Citibank, the resource guide provides information about major
financing and incentive programs available to help businesses
invest in capital assets on Long Island. Resources described range
from low cost financing such as SBA 504 to real estate tax abatements,
energy incentives and interest rate subsidies. LIDC brought together
the LI economic development community to prepare the guide and
hosted numerous meetings for preparation. The guide will be used
by economic developers throughout LI to help businesses access
resources. LI Citibusiness Connects was unveiled June 16, 2005
for Nassau County businesses in an event keynoted by County Executive
Tom Suozzi. The Suffolk version was unveiled the following week
for Suffolk businesses. Roz Goldmacher, President/CEO LIDC was
a featured speaker at both events.

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