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Rochester Business and Industry

Rochester is dedicated to growing and diversifying its economic base, and has dedicated volunteers, professional staff and resources to fulfill these objectives. The goals of the Rochester Economic Development Commission, the Industrial Development Authority and the city’s Economic Development Department are in sync with each other, and provide cohesive leadership in the attraction and retention of business and industry.

The foundation of Rochester’s economy rests with existing businesses, some of which have operated successfully in Rochester for more than 100 years! To ensure that these companies continue to grow and thrive, confidential on-site visits are arranged and appropriate local, state or federal resources can be brought in as needed. As an alternative, informational meetings on a particular topic are arranged with business leaders invited to attend. Most recently, a seminar on growth capital opportunities was arranged at no cost to firms with a need and desire to expand. It is recognized that most new jobs can and will be created by Rochester’s existing businesses, and they are supported to keep pace in a rapidly changing marketplace.

Attracting new business and industry remains a priority in Rochester to provide quality employment opportunities and fulfill the demand for goods and services by our rapidly growing and increasingly sophisticated marketplace. Buying power by residents in the Rochester Market Area has never been higher, and we are maturing as a destination for commercial activity in the region. New commercial districts are in development now, both in state highway corridors and in the charming New England style Historic Arts & Entertainment District in downtown Rochester. Our easy access to the rest of the region has also manifested itself in the attraction of two new warehouse and distribution centers, providing more than 100 new jobs.

Small businesses and entrepreneurs thrive in Rochester, and we have developed a strong support network. We host the regional office of the Small Business Development Center, which provides training and technical assistance on starting a business, business planning, marketing and financial management. These free one-on-one services are available for both start-ups and existing businesses. The City of Rochester has created its low-interest JOB Loan Program to offer financial assistance to small businesses located within the city and who increase employment opportunities.