The Babylon Industrial Development Agency serves as the Town of Babylon's central vehicle for economic development, and stands out as one of the most successful organizations of it's kind on Long Island. This site is intended for companies of all sizes within the Town of Babylon, as well as other companies seeking information on financing, expansion, relocation and job-creation/ job retention programs. Babylon is known as "the heart of it all" because of its central location on Long Island's south shore, between New York City and the East End. In fact, with over 205,000 residents, one university, an airport, and a highly educated and skilled labor force, Babylon has become the economic heartbeat of Long Island.

Businesses in Babylon will find a government that is committed to economic growth. Babylon Town Supervisor Steve Bellone has been a longtime advocate of tax abatements for new businesses, and he has passed numerous resolutions through the Babylon council enabling the IDA to carry out its mission. Suffolk County Legislator Wayne Horsley (D-Lindenhurst) has also advocated these kinds of initiatives on a county level.