Current through Register Vol. 46, No. 50, December 11, 2024
Section 391.2 - Project eligibility and selection process(a) Projects eligible for the program are those that involve new product development; alternative production processing, distribution and marketing technologies; introduction of high technologies; or organizational methods that further development of the food and agriculture industry in the State. Projects involving farm woodland or fresh water aquatic products produced in either natural or man-made water bodies or in natural or man-made controlled structures shall also be eligible.(b) Priority shall be given to projects that include public-private partnership investments, and with a strong potential for near term commercial application and long-term economic value to the State and localities.(c) The selection criteria may also include the following: (1) degree to which the proposed project identifies and addresses a significant industry need or opportunity;(2) degree to which the proposal offers an innovative approach to the research, development, production, processing and distribution of food and agriculture products;(3) extent to which the proposal is low-risk in its approach;(4) reasonableness and feasibility of the proposal;(5) qualifications of key personnel to conduct work to be performed;(6) reasonableness of the cost relative to the work to be performed; and(7) to the extent practical, geographic distribution.(d) The commissioner may set aside up to 25 percent of any moneys appropriated for the purposes of the program for projects which the commissioner determines exhibit special regional or statewide significance for food and agriculture industry development and that meet the project eligibility requirements.N.Y. Comp. Codes R. & Regs. Tit. 1 § 391.2