N.Y. Pub. Auth. Law § 3150

Current through 2024 NY Law Chapter 553

Section 3150 - Definitions

As used in this section:

1. "Foundation" shall mean the New York state foundation for science, technology and innovation created by this title;

2. "Executive director" shall mean the executive director of the foundation;

3. "Board" shall mean the New York state foundation for science, technology and innovation board;

4. "Regional partnerships" shall mean any association or group which is: (a) comprised of local economic development organizations and a center of excellence as defined by section three of part T of chapter eighty-four of the laws of two thousand two, or in the absence of such center in the region, at least one institution of higher education involved in commercialization efforts similar to such centers of excellence and may include a combination of private businesses, business support organizations, commercial lending institutions, venture capital companies, angel investor networks or foundations; (b) formed for the creation and administration of regional partnership programs; and (c) certified by the foundation as the regional partnership;

5. "Regional partnership coordinator" shall mean a nonprofit organization chosen by a regional partnership and certified by the foundation to administer the regional partnership programs;

6. "Partnership" shall mean regional partnerships; and

7. "Coordinator" shall mean regional partnership coordinator.

N.Y. Pub. Auth. Law § 3150