Founded in 1955, the Long Island Development Corporation (LIDC) is a private, not-for-profit economic development organization. Its mission is to foster economic growth and create jobs on Long Island by providing affordable, long-term financing and technical assistance to small and mid-sized businesses. LIDC is a Certified Development Company (CDC) authorized by the U.S. Small Business Administration (SBA) to administer the SBA 504 loan program, alongside offering other loan programs and business support services.

Founded in

United States