The New York State Foundation for Science, Technology and Innovation (NYSTAR) has benefited from recent legislation in Albany which enables its Center for Advanced Technology (CAT) to be more flexible in accelerating technology R&D and commercialization. Governor Paterson signed the bill on July 15th which has great implications for small businesses as their matching funds will now count as double towards CAT's overall match requirement.The law will also help NYSTAR fulfill its aspiration to promote partnerships with entities throughout New York State by encouraging partnerships to expand their networks for business growth.
For more information see NYSTAR's August 5 newsletter at http://www.nystar.state.ny.us/nl/100805.pdf.
