Bill > S05670

This bill establishes the JFK Innovation Center, a public-private partnership located near JFK International Airport in Queens, New York, designed to foster technological innovation in SmartCities and CleanTech sectors. The center will function as a business incubator, supporting new and startup companies by providing them opportunities to test and develop technologies in areas such as clean technology, automation, robotics, data analytics, and smart infrastructure management. Its key objectives include offering capital awards to startups addressing critical issues like airport efficiency, coastal flooding, sustainable living, and transportation; promoting diversity and inclusivity; enabling companies to pilot their inventions on-site; and creating jobs and stimulating economic development. The bill defines "SmartCities" as urban areas using electronic sensors to collect and manage data efficiently, "CleanTech" as processes or products that reduce environmental impacts, and a "business incubator" as a company that helps new businesses develop. The innovation center aims to bring together state agencies and private sector companies to drive technological advancement and economic growth in New York.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/S5670