New York State Governor Andrew Cuomo suggests tying funding for institutions to how well they attract businesses under the Start-Up NY programme.
Andrew Cuomo, the Governor of New York State, has recommending tying the amount of funding New York institutions receive to performance under the Governor’s Start-Up NY programme.
The programme grants businesses ten years of tax free operation if they set up a base in or near a university or college in the state, aimed at launching more spin-outs and startups in the area. Under Cuomo’s latest proposals, 10% of funding for institutions can be withheld if they do not submit…
