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NY

Excelsior Jobs Program Tax Credit (Health and Life Sciences)

Refundable tax credits for health, biotech, pharmaceutical, and life sciences companies that create and maintain new jobs or make significant investment in New York State.

About this program

Visit the program website for full details.

Eligibility

Companies in targeted industries including biotechnology, pharmaceutical, and life sciences that create net new jobs or make qualified capital investments in New York State.

Requirements

  • Operate in a qualifying health or life sciences industry (biotech, pharma, health tech)
  • Create and maintain net new jobs in New York State
  • Meet industry-specific minimum job creation thresholds