2023 New York Laws › PBA - Public Authorities › Article 10-A - New York State Science and Technology › Title 2 - New York State Foundation for Science, Technology and Innovation › 3155 - Reporting Requirements.

§  3155.  Reporting  requirements.  1.  The foundation shall submit an
annual report, beginning on the first of February, two  thousand  seven,
to  the  governor,  the  speaker  of  the  assembly,  and  the temporary
president of the senate on the operations and  accomplishments  of:  (a)
each  program  it  administers,  (b)  all  programs  authorized  by this
article, and (c) in cooperation with the urban development  corporation,
the  centers of excellence created by section three of part T of chapter
eighty-four of the laws of two thousand two.
2. The annual report  shall  provide,  but  not  be  limited  to,  the
following information:
(a)  for  the  research  development  program  and the James D. Watson
investigator program, authorized under sections two hundred  nine-p  and
two  hundred  nine-s  of the executive law, the amount of the award, the
name of the institution receiving the award, the  name  of  the  faculty
member  or  investigator  hired  and  his  or  her  significant academic
accomplishments, the research funds awarded and the number  of  graduate
students or research personnel collaborating with the award recipient;
(b) for each award under all other programs:
(i)  the  amount  of  state  funds  and any federal, local, or private
matching funds, including in-kind contributions;
(ii) a description  of  the  project  and  any  activities  undertaken
including,  if  applicable,  the  identification  of  any  collaborating
private sector partners;
(iii) the number of full-time public, private,  and  nonprofit  sector
jobs  created  and/or  retained  in  the  state  as  a  direct result of
activities undertaken with state funds, and the methodology utilized  to
determine such number;
(iv) the number of start-up businesses created and existing businesses
assisted as a direct or indirect result of the award;
(v) the extent to which the project has or will lead to an increase in
the  pool  of  venture  capital  for  a  specific  technology that is of
importance to the industry in this state;
(vi) the actual or anticipated invention, development,  or  refinement
of  any  new  products  and  processes  with  commercial  application of
importance to the industries in the state;
(vii) any outreach to the  surrounding  communities  to  encourage  or
accommodate economic growth;
(viii)   a  description  of  any  relationships  with  elementary  and
secondary schools and community  colleges  designed  to  foster  student
interest  in  scientific  and  technical  careers  or  provide workforce
training;
(ix) the terms of each research  sponsorship  agreement,  intellectual
property  ownership  agreement, intellectual property license agreement,
or any other agreements entered into between the state  funded  research
institutions  and  each  research partner in the preceding calendar year
regarding any provisions for financial return  to  the  university,  the
state  and  to  research  partners,  including,  but not limited to, the
amount of up front royalty income to the state funded  institution,  any
milestone  payments  due  to  the  state  funded  institution,  and, the
percentage of royalties due to the state funded institutions;
(x) number of patents awarded to the college or university as a direct
result of research related to the award and income  generated  from  the
licensure or sale of such intellectual property; and
(xi) any other information deemed appropriate by the director.