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Buffalo & Erie County Regional Development Corporation

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Buffalo & Erie County Regional Development Corporation
Target Sectors

The North American Industrial Classification System (NAICS) codes have been used to identify Target Sectors. The following sectors are eligible for assistance subject to the restrictions noted.

NAICS Codes Restrictions (if any)
Agriculture, Forestry and Fisheries 11 Equipment financing only. All other financing including general working capital and livestock financing is ineligible.
Mineral Industries 21 Equipment financing only. All other financing including general working capital is ineligible.
Utilities 22 Equipment financing only for deregulated, non-municipal utilities.
Construction 23 Ineligible due to collateral mobility, UCC filing issues and New York State Lien Law.
Manufacturing 31-33 Eligible
Wholesale Trade 42 Eligible
Retail Trade (excluding e-commerce) 44-45 Only under the Growth Capital Initiative Sub-Fund to the extent RLF financing results in significant back-office job creation or under a Board-approved Strategic Loan Plan
Retail Trade (e-commerce) 44-45 Eligible
Transportation and Warehousing 48-49 Equipment (excluding rolling stock) and general working capital
Information 51 Ineligible except for
51114 Database and Directory Publishers
5112 Software Publishers
512 Motion Picture and Sound Recording Industries
5133 Telecommunications if not regulated
514 Information Services and Data Processing Services
Finance and Insurance 52 Ineligible except under a Board-approved Strategic Loan Plan
Real Estate Rental and Leasing 53 Ineligible except under a Board-approved Strategic Loan Plan
Professional, Scientific and Technical Services 54 Ineligible except when business-to-business services constitute two-thirds or more of the company's annual revenues for following:
541214 Payroll Services
5413 Architectural, Engineering and Related Services
5415 Computer Systems Design and Related Services
5417 Scientific Research and Development Services
54192 Photographic Services
54193 Translation and Interpretation Services
54199 All Other Professional, Scientific and Technical Services
Administrative and Support and Waste Management and Remediation Services 56 Ineligible except for
5614 Business Support Services
Educational Services 61 Ineligible except under a Board-approved Strategic Loan Plan
Health Care and Social Assistance 62 Ineligible except under a Board-approved Strategic Loan Plan
Arts, Entertainment and Recreation 71 Ineligible except under a Board-approved Strategic Loan Plan
Accomodation and Food Services 72 Ineligible except under a Board-approved Strategic Loan Plan
Other Services (except Public Administration) 61 811 when business-to-business services constitute two-thirds or moreof the company's annual revenues
8123 when business-to-business services constitute two-thirds or more of the company's annual revenues

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