New York Codes, Rules and Regulations
Title 21 - Miscellaneous
Chapter L - New York State Urban Development Corporation
Part 4202 - Industrial Effectiveness Program-the Qualification Process
Section 4202.5 - Threshold criteria to qualify groups of industrial firms for industrial effectiveness assistance
Current through Register Vol. 46, No. 12, March 20, 2024
The department shall qualify groups of industrial firms to apply for industrial effectiveness assistance based on an initial review of the following factors:
(a) the group lends itself to a collaborative effort and a collective response to common competitive problems;
(b) all companies in the group have committed to a joint effort to address common competitive problems;
(c) management's commitment to consider employees' interests, and its willingness to elicit the support and participation of the labor force in any program to improve productivity and competitiveness; and
(d) State assistance is likely to materially contribute to a group's efforts to impove its competitive position resulting in an economic development benefit.
