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
End of Document

IMPORTANT NOTE REGARDING CONTENT CURRENCY: The "Current through" date indicated immediately above is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Administrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of NYS Rules.