5 CRR-NY 40.5NY-CRR
5 CRR-NY 40.5
5 CRR-NY 40.5
40.5 Application process.
(a) Periodically, the department shall issue a request for proposal for development centers under the Entrepreneurial Assistance Program. Such request shall set forth the date by which and the office to which proposals must be submitted, the number of copies of the proposal to be submitted, and shall specify the information to be contained in each proposal.
(b) Proposals by applicants shall include, but not be limited to, the following:
(1) a description of the applicant;
(2) a copy of the applicant's certificate of incorporation;
(3) a list of the applicant's board of directors, the duration of each director's term of office and a description or resume of each director, focusing on his/her community leadership role in business, education, finance and government;
(4) the location of the proposed development center and a description of how it will be accessible to clients;
(5) a description of the advisory group of community business experts to be established, including their names and resumes, if known, and a commitment by the applicant to require that at least half of the advisory group members shall be minority-group members and women;
(6) a description of services to be provided by the applicant to clients as described in section 40.4 of this Part;
(7) a copy of the proposed development center's budget, including a description of the financial assistance provided from Federal, State, local and private sources;
(8) a list of current or proposed staff of the development center, including resumes of current staff and job descriptions for anticipated staffing;
(9) a plan to supplement State and local funding through fees for services which may be based on a sliding scale based on ability to pay;
(10) the need for and anticipated impact of the proposed development center on the community in which it will function;
(11) a description of how the proposed development center would be replicated in other communities; and
(12) plans for a reporting system to be used in evaluating the success of the development center.
(c) The department shall review the proposal in accordance with the evaluation criteria specified in section 40.6 of this Part. The commissioner shall approve or disapprove the proposals and so notify the applicants in writing. The department shall enter into such contractual agreements as are necessary or appropriate to facilitate the conduct of the Entrepreneurial Assistance Program.
5 CRR-NY 40.5
Current through October 15, 2021
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