New York Codes, Rules and Regulations
Title 5 - DEPARTMENT OF ECONOMIC DEVELOPMENT
Chapter VI - Export Trade Demonstration Project Program
Part 50 - The Application Process
Section 50.4 - Application process

Universal Citation: 5 NY Comp Codes Rules and Regs ยง 50.4

Current through Register Vol. 45, No. 52, December 27, 2023

(a) Periodically, the department shall issue a request for proposals under the Export Trade Demonstration Project Program. Such request shall set forth the date by which proposals must be submitted, the number of copies of the proposals to be submitted, the office to which they should be forwarded, and shall specify the information to be contained in each proposal.

(b) Proposals shall include, but not be limited to, the following:

(1) information on the nature of the applicant's organization, its purposes, and background of its principals;

(2) a demonstration of the applicant's ability to provide the proposed services;

(3) the potential for the initiation or expansion of export sales in the areas to be served;

(4) for export trade demonstration projects providing financial assistance:
(i) a description of the availability or nonavailability of export credit from other sources in the area to be served;

(ii) a demonstration of commitment by a financial institution to participate in the program; and

(iii) a description of the nature and extent of such financial institution's participation in the program;

(5) for export trade projects providing technical assistance, a description of the availability or nonavailability of export technical assistance from other sources in the area to be served;

(6) the methods to be used to coordinate the delivery of State and local export promotion resources;

(7) an indication of the possibility that the services to be funded would become self-sustaining;

(8) a demonstration of the potential to duplicate the project elsewhere in the State;

(9) a description of the participation of local and regional economic development organizations; and

(10) a budget, including matching funds, in-kind and otherwise, to be provided by the applicant.

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