Establishes the New York state innovation voucher program to help small businesses access research and development resources.

The bill establishes the New York state innovation voucher program, which provides small businesses with access to research and development by colleges, universities, government laboratories, and public research institutes. This access aims to assist businesses in creating innovative products or services. The program is managed by the Empire State Development Corporation, which identifies research and development partners and issues vouchers to eligible recipients. Recipients must match the voucher amount with their own funds and collaborate with research partners.

Establishes the New York state innovation voucher program to help small businesses access research and development resources.

The bill establishes the New York state innovation voucher program, which provides small businesses with access to research and development by colleges, universities, government laboratories, and public research institutes. This access aims to assist businesses in creating innovative products or services. The program is managed by the Empire State Development Corporation, which identifies research and development partners and issues vouchers to eligible recipients. Recipients must match the voucher amount with their own funds and collaborate with research partners.