City of Rochester Business Development Division

Assistance to city businesses creating new jobs while retaining existing ones, and increasing investment within the city of Rochester.


The City of Rochester’s Business Development Division provides financial assistance to new or expanding city businesses to stimulate private sector job retention and/or creation, investment within the city of Rochester and increases in the City’s tax base. Eligible projects include furniture, fixture and equipment purchases, machinery acquisition, working capital and the acquisition, construction and/or renovation of real estate. Available assistance includes low interest loans between 1 percent and 3 percent, with terms between 5 and 10 years. Grants are also available, to assist with the above mentioned development uses. The Business Development Division also assists with finding suitable space, and works closely with other city departments to ensure a smooth and efficient development process exists to help business owners succeed. 

Services Provided

Economic and Site Development

  • Economic Development (Specialty)

Buying or Selling a Business

  • Purchasing or Selling an Existing Business (Specialty)

Financial Resources and Assistance

  • Grant Funding (Specialty)
  • Loans (Specialty)
Contact Information
Thaddeus Schofield
30 Church Street
Room 005A
Rochester, New York 14614