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S02877 Summary:

BILL NOS02877
 
SAME ASSAME AS A05172
 
SPONSORLAVALLE
 
COSPNSR
 
MLTSPNSR
 
Add S16-l, UDC Act
 
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.
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