New York Public Authorities Code § 3154

Regional partnership program
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§ 3154. Regional partnership program. 1. Establishment and purpose.\nThere is established a program in the foundation to be known as the\nregional partnership program. The program shall provide regional\neconomic assistance to certified partnerships for the purpose of\ncarrying out the purposes pursuant to this section and section\nthirty-one hundred fifty-three of this title.\n  2. Duties of regional partnerships. The regional partnerships shall\nwork individually and in coordination with the technology development\norganizations established pursuant to section thirty-one hundred two-d\nof this article, and with other partnerships to advance economic growth\nand business creation and expansion in the state. The program shall\nprovide regional economic assistance to certified partnerships for the\npurpose of carrying out the purposes pursuant to this section and\nsection thirty-one hundred fifty-three of this title.\n  3. Certification. (a) Partnerships shall be comprised of local\neconomic development organizations and, to the extent they are present\nin the region, centers of excellence as defined by section three of part\nT of chapter eighty-four of the laws of two thousand two or in the\nabsence of such center in the region, at least one institution of higher\neducation involved in commercialization efforts similar to such centers\nof excellence. To obtain certification for the purposes of carrying out\nthe programs of the foundation, regional partnerships shall include\nbroad representation of the economic development and innovation\ncommunity in the region, including but not limited to, community\ncolleges, university or nonprofit research institutions, private\nindustry representatives, commercial lending institutions, venture\ncapital firms and workforce development organizations. Before any\npartnership is certified by the foundation, the foundation shall approve\nwritten guidelines for the program and shall provide a copy of the\nguidelines to the temporary president of the senate and the speaker of\nthe assembly.\n  (b) Within thirty days of the appointment of the majority of the\nthirteen voting members of the board, the board shall identify and\nreview the necessary criteria that shall be demonstrated for a\npartnership to successfully fulfill the duties specified in subdivision\nsix of this section.\n  (c) Within thirty days following the foundation's identification of\ncriteria for partnerships, a comprehensive request for proposals for\neach of the economic development regions of the state shall be issued by\nthe foundation that incorporates such criteria and may request any and\nall information deemed necessary by the foundation to certify the\npartnerships.\n  (d) The foundation shall have ninety days to conduct a comprehensive\nreview of all proposed plans and partnerships. After such review, the\nfoundation shall select and certify regional partnerships and approve\nplans by a two-thirds majority vote of the board.\n  (e) The foundation shall certify one partnership to represent each of\nten economic development regions established by the New York state\ndepartment of economic development pursuant to section two hundred\nthirty of the economic development law. The foundation shall certify a\nregional partnership that meets the criteria and the requirements as set\nforth in subdivision four of this section, provided that there is a\nregional partnership that represents each region specified in this\nsection, provided further that the foundation determines that an\napplication has been received from each region that is sufficient to\naccomplish the purposes of this section.\n  (f) The foundation shall modify or revoke a partnership's\ncertification consistent with the regulations, policies and guidelines\nof the foundation. The foundation may change the number of regions or\nregional boundaries with a two-thirds majority vote of the board.\n  (g) The length of certification for each such partnership, subject 

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