2021 New York Laws
COM - Economic Development Law
Article 10 - International Trade
221 - Export Trade Development Projects.

*  §  221.  Export  trade development projects. 1. The commissioner is
hereby authorized to provide  assistance  to  export  trade  development
projects  designed  to encourage and assist businesses, industrial firms
or industry groups to engage in export trade  and  to  coordinate  other
state economic development programs with such projects.
  2.  The commissioner shall give preference to export trade development
projects which benefit those businesses which are resident in the state,
independently owned and operated, not dominant in their  fields,  employ
five  hundred  employees  or  less and which are located in a geographic
area demonstrating a need for such services.
  3.  An  export  trade  committee  is  hereby   established   to   make
recommendations  to the commissioner for his or her approval of proposed
export trade development projects.    Members  of  the  committee  shall
include,  among others, the commissioner, who shall chair the committee,
a representative of the port authority of New York and New  Jersey,  and
at least two representatives of the private sector experienced in export
trade selected by the commissioner, at least one of whom shall be from a
small business.
  4.  The  department  shall  actively  seek to identify and disseminate
information to entities which may  be  eligible  to  receive  assistance
pursuant  to  this  section  and  shall  make  awards  for  export trade
development projects on a competitive basis.
  (a) Entities eligible  to  apply  for  funding  for  an  export  trade
development   project   shall   include   public  benefit  corporations,
not-for-profit corporations, local development corporations,  industrial
development  authorities,  trade  associations, educational institutions
and  other   not-for-profit   organizations   which   promote   economic
development.
  (b)  Applicants  shall  be  required  to  demonstrate their ability to
provide the services proposed;  the  potential  for  the  initiation  or
expansion  of  export trade from the area to be served; the availability
or non-availability of export credit  and  export  technical  assistance
from  other  sources in the area to be served; the methods to be used to
coordinate the delivery of state and local export  promotion  resources;
the   possibility   that   the   services  to  be  funded  would  become
self-sustaining; the potential to duplicate the project elsewhere in the
state; the participation of  local  and  regional  economic  development
organizations;  and  to  provide  a  program  budget, including matching
funds, in-kind and otherwise, to be provided by the applicant.
  (c) A project eligible to be an export trade development  project  may
include,  but  not  be limited to, any project to provide one or more of
the  following  services:  export  market   analysis;   foreign   direct
investment leads; export trade promotion; export trade education; export
trade finance technical assistance; or export trade finance.
  5.  No  single  grant  for export trade development projects providing
technical assistance shall  exceed  one  hundred  thousand  dollars;  no
single  grant  for export trade development projects providing financial
assistance shall exceed two hundred thousand dollars.
  * NB  Amendments  effective  insofar  as  they  pertain  to  the  Port
Authority of New York and New Jersey upon passage of same as legislation
by New Jersey