N.Y. Economic Development Law § 238: Payments of funds to eligible applicants

§ 238. Payments of funds to eligible applicants. Upon submission and

approval of each application and the authorization of funds by the

commissioner in accordance therewith, the commissioner shall give notice

to the eligible applicant of such approval and authorization, and shall

direct such eligible applicant to proceed with its proposed business

marketing program as described in its application. Funds shall be

awarded on a reimbursement basis.