NY A04198

Recodifies the state Small Business Innovation Research (SBIR) program under the New York State Foundation for Science, Technology and Innovation to revive funding that was halted after initial success in the 1980s-1990s.

Establishes criteria for eligible small businesses (250 or fewer employees) to receive matching state research grants equal to their federal SBIR Phase I awards, up to $50,000 per award, with the total not exceeding appropriated funds.

Requires participating businesses to have their principal place of business in New York, conduct research solely in the state, and submit federal SBIR proposals and Phase I completion documentation to the foundation.

Mandates annual reporting to the Governor and Legislature on program results including number of applicants, awards received, products developed, patents applied for, and other evaluation metrics.

Repeals the previous SBIR statute (section 3102-c) and directs the foundation to establish rules, conduct outreach to small businesses, and facilitate university-industry technology partnerships through Centers for Advanced Technology.