As the most comprehensive resource available for those involved in technology-based economic development, SSTI offers the services that are needed to help build tech-based economies. Learn more about membership...
New York Science & Technology Program Funding Restored
New York Governor George Pataki amended his proposed FY 1997-98 budget to restore funding for the state's technology programs. Pataki's revised budget calls for more than $20 million for technology programs, almost twice what was originally submitted to the legislature in January.
The new request calls for more than $16 million for university-industry projects, including Centers for Advanced Technology (CATs). Funding was also restored for the Industrial Technology Extension Service (ITES) and the Technology Development Organizations (TDOs) which operate New York's Manufacturing Extension Program (MEP). ITES and the TDOs had been eliminated from the Governor's Executive Budget.
Under New York law, the governor submits his proposed state budget at the start of the legislative session, but has an additional 30 days to amend the budget before its consideration by the legislature. Even if the legislature accepts the governor's amendments, the $20.4 million proposal would be a 10 percent decrease from FY 1996-97 funding for similar programs. In recent years, however, the New York legislature has appropriated more for technology programs than was requested in the Executive Budget. New York's fiscal year begins April 1.