New York State Contract Reporter #2139587

New York Global Entrepreneurs Program grants for entrepreneur-in-residence programs

Empire State Development is offering grants to help New York organizations support international entrepreneurs launching businesses in the state. - Government buyer: Empire State Development (ESD), New York State, through its NYSTAR division. - Program: New York Global Entrepreneurs Program (NYGEP), supporting new or expanded Global Entrepreneur in Residence (GEIR) or substantially similar programs. - Eligible applicants: New York public or private institutions of higher education and affiliated nonprofit organizations; the RFA also describes qualifying nonprofit and governmental research organizations. - Grant funding: Up to $1,500,000 per entity for a four-year term. Applicants are expected to provide at least a 25% cash match; in-kind contributions do not satisfy this minimum. - Program support: Participating international entrepreneurs may receive part-time employment, mentorship, guidance, support services, and potentially operating space while establishing startups in New York. - Key requirements: Grantees are expected to petition for cap-exempt H-1B visas for participating entrepreneurs and support their businesses. Supported businesses are expected to remain in New York for at least three years after program completion. - Eligible costs: Program administration and staff, entrepreneur wages, specified legal and visa-compliance expenses, outreach materials, and program supplies. - Other notable requirement: ESD IT security standards and applicable privacy and cybersecurity requirements may apply when an engagement involves ESD data or systems. - OEMs and commercial vendors: None named; no product purchases or part numbers are specified.

Description

The New York Global Entrepreneurs Program (NYGEP) provides grants to eligible New York State universities and affiliated not-for-profits to establish or expand Global Entrepreneurs in Residence or substantially similar programs. The programs are intended to support international entrepreneurs launching businesses in New York through part-time work, guidance, mentorship, and related support services. Grant funding may be up to $1,500,000 per entity for a four-year term, and applicants are expected to provide at least a 25% cash match. Applications are due November 19, 2026, at 2:00 PM ET.

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