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Ithaca Area Economic Development

Ithaca Area Economic Development

Ithaca, New Yorktompkinsida.org

Overview

Ithaca Area Economic Development (IAED) is a private non-profit economic development organization that administers the Tompkins County Industrial Development Agency (TCIDA), a public authority created by the Tompkins County Legislature. The organization's primary mission is to strengthen the local economy and tax base by offering economic incentives such as tax abatements and bond financing. It also makes direct, equity-like investments in high-growth startups through its Opportunity Fund to support job creation and innovation in Tompkins County.

Portfolio Companies

1

Investments

CompanyDateStageLead
Dimensional EnergyJul 2021Convertible DebtCo-investor

Sector & Stage Mix

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SeedSeries ASeries BGrowth

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Investment Activity

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2021
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Firmographic Details

HeadquartersIthaca, New York
Year FoundedN/A

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