21 CRR-NY 4254.4NY-CRR

STATE COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 21. MISCELLANEOUS
CHAPTER L. NEW YORK STATE URBAN DEVELOPMENT CORPORATION
PART 4254. NEW YORK STATE INNOVATION VENTURE CAPITAL FUND
21 CRR-NY 4254.4
21 CRR-NY 4254.4
4254.4 Evaluation of potential investments.
In evaluating potential fund investments, the corporation may consider, among other items and without order of priority: promotion of job development; leveraging and advancing the State’s industrial and technical strengths, including, but not limited to, advances in manufacturing, materials, life science, medical devices and emerging technologies; commercialization of technology, products, and services; development of the State’s entrepreneurial ecosystem; coordination with other State innovation programs, including, but not limited to, the New York State Business Incubators and Innovation Hot Spot Program, academic tech transfer offices, the Centers for Advanced Technology and the Centers of Excellence; the potential for a positive return on the investment; the quality of the management team, business plan, financial history, financial projections; a beneficiary company’s technology, products, and services and the company’s prior and potential performance as a technology innovator and as a business; and an investment entity’s prior performance, expertise, area of investment, and similar information.
21 CRR-NY 4254.4
Current through September 15, 2021
End of Document

IMPORTANT NOTE REGARDING CONTENT CURRENCY: JULY 31, 2023, 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 Admisnistrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of the NYS Rules.