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S02877 Summary:
BILL NO | S02877 |
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SAME AS | SAME AS A05172 |
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SPONSOR | LAVALLE |
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COSPNSR | |
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MLTSPNSR | |
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Add S16-l, UDC Act | |
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Creates a technology innovation partnership investment program in the New York state urban development corporation, authorizing the UDC to invest in professionally managed regional venture capital funds that provide seed and start-up financing to small and medium sized emerging technology companies; prescribes its functions, powers and duties; defines terms; related provisions. |