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The Laws of New York
Consolidated Laws of New York
CHAPTER 15
Economic Development Law
ARTICLE 11-A
Business Marketing Program
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SECTION 236
Application
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ARTICLE 11-A
Business Marketing Program
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SECTION 238
Payments of funds to eligible applicants
This entry was published on 2014-09-22
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SECTION 237
Matching funds for eligible applicants
Economic Development Law (COM) CHAPTER 15, ARTICLE 11-A
§ 237. Matching funds for eligible applicants. 1. No matching funds
shall exceed the sum of two hundred fifty thousand dollars or fifty
percent of the total cost of implementation of the marketing plan,
whichever is less.

2. No more than ten percent of funds awarded shall be used for
administrative purposes, including salaries associated with implementing
a marketing program.

3. No matching funds shall be used for the direct benefit of a
for-profit business.