Section 209-P. Research development program

1. There is hereby established
  the research development program. The program shall include but need not
  be  limited  to:  the  faculty  development  program,  capital  facility
  program,   incentive   program,  and  centers  for  advanced  technology
  development program.
    2. The office shall provide no later than March first, two thousand, a
  strategic plan to the governor, the temporary president  of  the  senate
  and the speaker of the assembly which shall:
    (a)  establish  criteria  for  the  awarding  of  funds made available
  through the research development program; all awards shall be made on  a
  competitive basis;
    (b)  provide a schedule for issuance of requests for proposals for the
  research development program awards;
    (c) provide a schedule for completion of review of proposals submitted
  by institutions of higher education and  research  institutions  to  the
  office;
    (d)  provide  procedures  for the issuance of awards from the research
  development program.
    3. The  faculty  development  program  is  hereby  created  to  assist
  institutions  of  higher  education  and  research institutions with the
  retention and recruitment of research faculty.  Funds  appropriated  for
  this program shall be administered by the office pursuant to request for
  proposals.  Consideration for the allocation of awards shall be given to
  all institutions of higher education and  research  institutions  within
  the  state provided such institutions demonstrate to the satisfaction of
  the advisory council a specific need for such funds and  the  manner  in
  which  such  award for the recruitment and retention of research faculty
  would  enhance  the  research  capabilities  and   reputation   of   the
  institution.  Criteria for such awards shall include, but not be limited
  to, the ability of the faculty member to leverage  and  attract  federal
  funds,  venture  capital and private industry funds, and the willingness
  of the faculty member to pursue entrepreneurial enterprises resulting in
  new business or the expansion of existing business in  New  York  state.
  The office shall promulgate rules and regulations to establish:
    (a) the duration of grants for faculty awards;
    (b)   matching   funds   required   from  the  academic  and  research
  institutions;
    (c) a schedule for an annual  reduction  of  the  faculty  development
  award,  and  a  corresponding  increase  in  the matching funds from the
  academic or research institution; and
    (d) other rules and regulations deemed necessary by the office for the
  administration of this program.
    4. (a) The capital facility program shall provide  financing  for  the
  design,  acquisition,  construction,  reconstruction,  rehabilitation or
  improvement of research and development facilities, including equipment.
  Funds appropriated or reappropriated for the capital facility program by
  chapter  six  hundred  twenty-four  of  the  laws  of  nineteen  hundred
  ninety-nine   shall  be  awarded  to  no  more  than  six  primary  host
  institutions.
    (b) Criteria for the issuance of awards by the advisory council  shall
  include  but  need  not  be  limited  to the following: potential future
  growth and economic  impact  within  New  York  state  of  the  proposed
  research  to  be  undertaken  at such facilities, available expertise at
  such campus in the scientific discipline designated for the  center  for
  advanced  technology  and/or  the center's host campus, an evaluation of
  the ability of the proposed research to be undertaken at such facilities
  to aid existing business and to create new business in New  York  state,

  and  the  ability of the proposal to leverage and attract federal funds,
  venture capital and private industry funds.
    (d)  The capital facility program shall also provide financing for the
  reconstruction, rehabilitation or  improvement  of  existing  laboratory
  facilities.  Funds  available  pursuant  to  this  subdivision  shall be
  available  for  research  facilities  at  all  institutions  of   higher
  education and research institutions in New York state.
    (e)  The office and the city university construction fund may contract
  for the construction fund to design,  construct,  acquire,  reconstruct,
  rehabilitate  and  improve research and development facilities for those
  primary  host  institutions  which  are  senior  colleges  of  the  city
  university of New York.
    5.  An  incentive  program  is  hereby  created  to provide additional
  assistance to technology transfer activities at institutions  of  higher
  education  and  research  institutions  in the state of New York for the
  purpose of encouraging technology transfer from institutions  of  higher
  education    and   research   institutions   to   businesses   and   for
  commercialization within New York state.  Funds  appropriated  for  this
  program  shall be available for personal service expenses to enhance the
  technology  transfer  abilities  of  higher   education   and   research
  institutions  to  businesses  within  New  York  state including but not
  limited to patent applications, the creation of business  and  marketing
  plans, venture capital conferences and non-capital costs associated with
  the  development  of  real  property owned by such institution of higher
  education or research institution for research and development purposes.
  Funds awarded under the incentive program shall not exceed fifty percent
  of the cost of the purpose for which such funds shall be applied.
    6. A center for advanced technology  development  program  is  created
  whereby  funds  shall  be awarded to centers for advanced technology for
  the purpose of enhancing and expanding the existing role of  the  center
  in  the  area  for  which  it  is designated. Funds appropriated for the
  development program shall  be  awarded  to  such  centers  for  advanced
  technology.  Criteria for the issuance of awards shall be established by
  the office and shall include but need not be  limited  to  the  economic
  development  potential  of  the  research  undertaken at such center for
  advanced technology, funding  leveraged  from  other  sources  including
  private  interests  and  the  federal  government, potential of revenues
  accruing to the institution of higher education or research  institution
  from  the licensing of the products of research conducted at such center
  of advanced technology and the interaction of such center  with  private
  industry.