Establishes the New York state innovation voucher program to assist small businesses with research and development.

The New York state innovation voucher program act establishes a program to provide small businesses with access to research and development by colleges, universities, government laboratories, and public research institutes. The program aims to assist these businesses in creating innovative products or services, potentially leading to job retention and expansion. Small businesses can apply for vouchers up to $10,000 per project, with exceptionally innovative projects eligible for up to $50,000. Recipients must match the voucher amount and collaborate with research and development partners.

Establishes the New York state innovation voucher program to assist small businesses with research and development.

The New York state innovation voucher program act establishes a program to provide small businesses with access to research and development by colleges, universities, government laboratories, and public research institutes. The program aims to assist these businesses in creating innovative products or services, potentially leading to job retention and expansion. Small businesses can apply for vouchers up to $10,000 per project, with exceptionally innovative projects eligible for up to $50,000. Recipients must match the voucher amount and collaborate with research and development partners.