 We've put together some information to help you navigate the scope of our outreach in support of economic development across the county. Click here to see for yourself.
Driving Economic Growth in Allegany County At its core, the ACIDA is the "economic engine" of our county. Our mission is simple: to promote business retention and expansion by making it more affordable for you to build, renovate, and equip your business right here at home. We don’t just offer "advice"—we provide strategic incentives designed to lower your costs and improve your ROI. Here is how we do it:
What this means for you: Lower project costs, better cash flow, and a dedicated local partner to help you navigate the process from application to implementation. Ready to grow? Review our ACLDC page for more information and call to schedule a consultation with our staff to review your project concept and timeline.
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As we look back on 2025, the Allegany County Industrial Development Agency (ACIDA) is proud to share a year defined by redevelopment, reinvestment, and resilience. Our 2025 Annual Report, officially released today, showcases the significant strides we have made in breathing new life into local assets and laying the groundwork for a prosperous future.
Turning Potential Blight into Business One of the crowning achievements of the year was the launch of the Cuba Business Park. By transforming a 34-acre vacant industrial campus into a multi-tenant hub, we have set the stage for 40+ new jobs and a $1 million private investment in our community. Similarly, we are seeing incredible progress at the Wellsville Business Park, which continues to thrive as a hub for manufacturing and warehousing. Powering Growth Through Renewable Energy 2025 was a landmark year for clean energy. The Alle-Catt Wind Energy Proiect represents a direct investment of approximately $414 million in Allegany County alone. Beyond energy, our 14 completed solar projects now provide over $1.18 million in annual recurring local benefits through PILOTs and host community agreements. Empowering the "Heart of Our Economy" Our success reached the "micro" level through the Micro-Enterprise Assistance Program (MAP). Since 2021, in partnership with Allegany County, NY CDBG, IncubatorWorks, and ACCORD we have invested over $680,000 into 24 local small businesses, maintaining a 100% business retention rate. From Triple Brew in Canaseraga to the Solutions Hub in Wellsville, these entrepreneurs are truly the heartbeat of our county. Key Highlights from 2025:
Looking Toward 2026 We are heading into the new year with immense momentum. Our focus remains on supporting existing businesses, recruiting new industries, and ensuring Allegany County is a place where "growth and success take root". Upcoming projects to watch include the completion of the Saxon Hill Sports Complex at Alfred University and the design phase of the Allegany Gateway Marketplace at "The Crossroads". ~Read the Full 2025 ACIDA Annual Report Here~ |