Ithaca Area Economic Development
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
Website
tompkinsida.orgInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Dimensional Energy | Jul 2021 | Convertible Debt | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Ithaca Area Economic Development based?
Ithaca Area Economic Development is headquartered in Ithaca, New York, United States.
When was Ithaca Area Economic Development founded?
Founding year information for Ithaca Area Economic Development is not publicly available.
How many portfolio companies does Ithaca Area Economic Development have?
Ithaca Area Economic Development has 1 portfolio company in Caplight's dataset.
What are some companies in Ithaca Area Economic Development's portfolio?
Portfolio companies visible on Caplight include Dimensional Energy.
What was Ithaca Area Economic Development's most recent investment shown here?
Ithaca Area Economic Development's most recent investment in this portfolio sample was in Dimensional Energy in 2021.
What sectors does Ithaca Area Economic Development focus on?
Ithaca Area Economic Development focuses on Energy & Sustainability, Frontier & Industrial Tech.
What company stages does Ithaca Area Economic Development focus on?
Stage focus information for Ithaca Area Economic Development is not publicly available.