New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 21. Miscellaneous |
Chapter L. New York State Urban Development Corporation |
Part 4202. Industrial Effectiveness Program-The Qualification Process |
Sec. 4202.5. Threshold criteria to qualify groups of industrial firms for industrial effectiveness assistance
Latest version.
- The department shall qualify groups of industrial firms to apply for industrial effectiveness assistance based on an initial review of the following factors:(a) the group lends itself to a collaborative effort and a collective response to common competitive problems;(b) all companies in the group have committed to a joint effort to address common competitive problems;(c) management's commitment to consider employees' interests, and its willingness to elicit the support and participation of the labor force in any program to improve productivity and competitiveness; and(d) State assistance is likely to materially contribute to a group's efforts to impove its competitive position resulting in an economic development benefit.