New York State Urban Development Corporation to provide grants up to $100,000 for small businesses to commercialize energy and environmental.
The bill amends the New York State Urban Development Corporation Act to create the New York State Innovative Energy and Environmental Technology Program. This program authorizes the Corporation to award competitive grants of up to $100,000 to small businesses for the commercialization of energy and environmental technology innovations. The grants aim to stimulate economic development, job creation, and enhance New York's competitiveness in the global market.
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