Assemblyman Tom McKevitt (R,C,I-East Meadow) today announced the passage of Assembly bill 5149, legislation which creates the New York State Innovative Energy and Environmental Technology program. The program works in conjunction with the Empire State Development Corporation to award capital grants up to $100,000 for small businesses with 100 or fewer employees to provide early stage funding to encourage and support innovative energy- and environmental-technology development and commercialization across the state.
“With 800,000 New Yorkers out of work, our state’s renewed focus on job creation is long overdue,” said McKevitt. “This legislation helps small businesses to become more innovative and strengthen New York State’s broader economy. These grant opportunities will help promote long-term, private-sector jobs and boost energy and environmental technology development by keeping the best and brightest minds closer to home. I look forward to the success of this program.”
For those interested in more information on this or any other state matter, they may reach Assemblyman McKevitt at his District Office at 516-739-5119 or via email at email@example.com.