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NY A02585

Bill

Official Source

Status

Engrossed

5/20/2013

Primary Sponsor

William Scarborough

Click for details

Origin

Assembly

2013-2014 General Assembly

AI Summary

  • Repeals and replaces Article 9 of the Economic Development Law to establish Entrepreneurship Assistance Centers providing business training and support to minority group members, women, individuals with disabilities, and dislocated workers

  • Department of Economic Development shall establish and support centers at career education agencies and not-for-profit corporations, with grants capped at $75,000 per entity

  • Each center must be operated by a board of directors, establish an advisory group with community business experts, provide business counseling and technical assistance, and maintain referral systems to financing sources and educational programs

  • Centers shall provide services including business concept analysis, market analysis, business planning, financial planning assistance, and referrals to educational and business incubator programs

  • Department must submit annual reports to the Governor and Legislature by October 1st starting in 2015, and independent evaluations to budget officials by September 1, 2016 and every four years thereafter

Legislative Description

Relates to entrepreneurship assistance centers to provide assistance to primarily minority group members, women, individuals with a disability and dislocated workers; requires the department of economic development to establish criteria and designation of such centers; sets forth requirements for each center.

Last Action

REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS

6/2/2014

Committee Referrals

Commerce, Economic Development and Small Business6/2/2014
Ways and Means2/11/2014
Small Business1/13/2014
Rules6/10/2013
Commerce, Economic Development and Small Business5/21/2013
Ways and Means2/28/2013
Small Business1/16/2013

Full Bill Text

No bill text available