Section 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) a description of the intellectual property  agreement  among  the
  university and research partner;
    (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.