These regulations set forth the types of available assistance, evaluation criteria, application and project process and related matters for the Upstate Regional Blueprint Fund (the "program"). The program was created pursuant to section 16-q of the New York State Urban Development Corporation Act, as added by part QQ of chapter 57 of the Laws of 2008, and promotes economic development in the State of New York by encouraging economic and employment opportunities for Upstate New York's citizens by supporting: intellectual capital capacity building; investment products; applied research and development; opportunities for foreign investment and international export; and infrastructure requirements to attract new businesses or expand existing businesses.
N.Y. Comp. Codes R. & Regs. Tit. 21 § 4247.1