POWER UP Grant Program
The POWER UP Grant Program by New York Empire State Development funds electric infrastructure upgrades to prepare NY industrial sites for advanced manufacturing and high-tech industries.
Funder: New York Empire State Development
Due Dates: Rolling (applications accepted continuously)
Funding Amounts: Up to $300 million total; individual award size varies; reimbursement basis; soft costs capped at 20% of total project costs
Summary: Funds electric infrastructure upgrades at New York industrial sites to attract advanced manufacturers and support economic growth.
Key Information: Letter of Intent required before full application; matching funds required; $250 non-refundable application fee and 1% commitment fee apply.
Description
The POWER UP Grant Program, administered by New York Empire State Development (ESD), provides capital grants to modernize and expand electrical infrastructure at key industrial sites across New York State. The program aims to create a statewide network of "power-ready" sites, significantly reducing development timelines for businesses, particularly in advanced manufacturing and other strategic sectors. By supporting infrastructure upgrades, POWER UP seeks to attract high-quality jobs and investment, ensuring New York remains competitive in the 21st-century economy.
