5 CRR-NY 40.6NY-CRR

STATE COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 5. DEPARTMENT OF ECONOMIC DEVELOPMENT
CHAPTER V. ENTREPRENEURIAL ASSISTANCE PROGRAM
PART 40. MINORITY- AND WOMEN-OWNED BUSINESS ENTERPRISE DEVELOPMENT CENTERS—THE APPLICATION PROCESS
5 CRR-NY 40.6
5 CRR-NY 40.6
40.6 Evaluation criteria.
The department shall evaluate the proposals based upon the applicant's demonstration of the following:
(a) the applicant's understanding of the goals and objectives in section 40.3 of this Part;
(b) the level of participation in the proposed development center of local leaders in post-secondary education, business, finance and government;
(c) the level of financial and other assistance provided at the State, Federal and local levels, including private sources, to support the operations of the proposed development center;
(d) the plans of the proposed development center to supplement State, Federal and local funding through fees for services which may be based on a sliding scale based on ability to pay;
(e) the need for and anticipated impact of the proposed development center on the community in which it will function;
(f) the quality of the work plan and staff of the proposed development center;
(g) the extent of economic distress in the area to be served;
(h) the extent to which the applicant has experience in providing business management and technical assistance to clients;
(i) the extent to which the applicant coordinates with other assistance programs targeted to small and new businesses;
(j) the extent to which the applicant understands the economic conditions and needs of the community and the region;
(k) the applicant's documented commitment to affirmative action principles;
(l) the extent to which the applicant's proposal could be replicated in other areas of the State; and
(m) such other criteria as the department shall deem relevant.
5 CRR-NY 40.6
Current through October 15, 2021
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