Sec. 50.2. Definitions

(a) Commissioner means the Commissioner of Economic Development.

(b) Department means the Department of Economic Development.

(c) Eligible applicant or applicant means a public benefit corporation, not-for-profit corporation, local development corporation, industrial development authority, trade association, educational institution, and other not-for-profit organizations which promote economic development.

(d) Eligible project includes, but is not limited to, any project to provide one or more of the following services: export market analysis, foreign direct investment leads, export trade promotion, export trade education, export trade finance technical assistance, or export trade finance.

(e) Export trade committee means a committee established to make recommendations to the commissioner for approval of export trade demonstration projects. Members of the committee shall include, among others: the commissioner, who shall chair the committee; a representative of the Port Authority of New York and New Jersey; and at least two representatives of the private sector experienced in export trade, selected by the commissioner, at least one of whom shall be from a small business.

(f) Export Trade Demonstration Project Program or program shall mean the program established pursuant to article 10, section 221, of the Economic Development Law as enacted by chapter 839 of the Laws of 1987.

(g) Small business means one which is resident in the State, independently owned and operated, not dominant in its field, and employs 500 or less persons.