Here is another in our series of articles about things going on around Rochester.
On April 27th, Gov. Andrew Cuomo announced that a local software company has been accepted into a New York State program that will allow it to avoid paying taxes for 10 years.
The Auburn Citizen reports that under the state’s START-UP NY program, the Rochester company Dogways will not have to pay business, property, and sales taxes for a decade. Its employees, in addition, will be exempt from paying state income taxes for five years, if not more.
The software company specializes in a mobile app designed for dog owners. The app finds other dog owners in the area (with the app) as well as activities for their dogs. A product of the “LaunchPad” program ran by High Tech Rochester, an entrepreneurial development group, Dogways will now take advantage of the recent state initiative START-UP NY.
START-UP NY helps burgeoning businesses move to tax-free zones set up by the state. Many of these zones are on or near college campuses. Dogways, originally based in the city of Rochester, is sponsored by the University of Rochester and is set to move its headquarters to the local suburb West Henrietta.
It is expected to hire 31 new employees.
Dogways’ app comes at a time when mobile apps and browsing is becoming more common in the United States and around the world. There are currently five billion mobile users in the world today.
Dogways is one of 17 companies recently accepted into the program. The program itself was launched in 2014 after years of lobbying by Cuomo and other state leaders. Four other businesses in the Rochester area have been accepted according to Cuomo’s announcement.
Construction Robotics, for example, will move into a vacant factory in Victor. It specializes in creating a semi-automated masonry system that can lift and place bricks. The move will create eight new jobs and will invest $325,000. Another company, Idea Boxx, will also relocate to a vacant facility in Victor, creating 10 jobs and investing $140,000 in the process. Idea Boxx creates cleaning supplies for the food service and healthcare industries.
Both companies are sponsored by Finger Lakes Community College.
“The addition of these companies to START-UP NY represents significant private sector interest and investment in the Empire State,” Cuomo said in a statement. “New York boasts some of the best colleges and universities in the country and, along with access to our talented workforce, these companies will have the opportunity to thrive in New York while creating hundreds of new jobs and boosting local economies.”