Faculty Development Program

James D. Watson Investigator Program

Matching Grants Leverage Program

Small Business Technology Investment Fund

Technology Transfer Incentive Program

Gen*NY*sis Program

NYSTAR Funding Initiatives

NYSTAR was created as part of the landmark Jobs 2000 Act (J2K), passed by the Legislature and signed into law in 1999. NYSTAR will harness the economic power within New York State's more than 300 public and private research universities and institutions of higher learning by investing today in the job-creating technologies of tomorrow. To achieve this mission, NYSTAR has invested more than $316 million in new funds in our research universities across the State since its inception.

Each program was awarded on a competitive basis, meaning each proposal was judged on merit. While each program has different criteria, most awards are made based on the quality of the science contained in the proposal and the proposal's potential for significant economic impact in New York State.

Faculty Development Program
The Faculty Development Program is working to attract distinguished scientific talent in the nation to New York's research campuses by providing assistance to colleges and universities in attracting and retaining research faculty.

James D. Watson Investigator Program
Provides grants to outstanding early career scientists who demonstrate the potential for leadership at the frontiers of knowledge in the life sciences and demonstrate an entrepreneurial spirit to help foster economic development in New York State.

Matching Grants Leverage Program
To be considered for High Technology Matching grants from New York State, all requests must be submitted to NYSTAR at least 30 days prior to submittal to the Federal or private funding source. Once submitted, NYSTAR will work with Administration staff to review and make recommendations for matching funds and advance letters of support where appropriate.

Small Business Technology Investment Fund
The Small Business Technology Investment Fund (SBTIF) provides start-up high-tech companies throughout New York State with a source of venture capital to promote new job creation and economic growth. The Fund makes early stage equity investments in companies that have developed innovative technology products or services and that display significant competitive advantage. It also offers technical and managerial services to growing technology-based business ventures.

Technology Transfer Incentive Program
The Technology Transfer Incentive Program is specifically designed to help business make the rapid transfer of new ideas and new technology from the research lab to the marketplace.

Gen*NY*sis
The 2002-2003 State Budget provides $225 million for the Gen*NY*sis (Generating Employment through New York State Science) program. The program was created to maximize the research and development potential of the world-class life sciences research being conducted at New York State public, not-for-profit and private academic research institutions. These funds will leverage additional resources to support the construction of high-tech and biotech facilities, which will transform research into economic development throughout the State. The Gen*NY*sis plan is designed to complement New York's comprehensive efforts to make the Empire State an international leader in high-tech and biotechnology-related research and economic development.