New York Codes, Rules and Regulations
Title 21 - Miscellaneous
Chapter LXVII - New York State Science And Technology Foundation
Part 5902 - Applications For Financial Assistance-corporation For Innovation Development Program
Section 5902.7 - Approval or disapproval of application
Universal Citation: 21 NY Comp Codes Rules and Regs ยง 5902.7
Current through Register Vol. 46, No. 39, September 25, 2024
(a) An application, when reviewed and accepted by the foundation staff, shall be considered by the investment review committee, which may either reject the application or recommend the approval of the application and transmittal thereof to the board. In either case, the CID program manager shall promptly notify the applicant of the investment review committee action after it has completed its review.
(b) An application shall not be deemed to have final approval until it is approved by the board.
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