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Comment on Start-up NY: 100% Tax-Free for 10 Years?

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The hidden fine print is that you have to affiliate with a university and support that university's mission. I wonder how loose they'll be in interpreting that support. Does "providing internships to students every summer" count, or will it need to be more substantial?

The following is not sarcastic: be more cynical. What would you want, if you were a university president? Startup branding. They want you to walk around talking about how SUNY-whatever is where the startup culture is at.

It's more substantial. Each state university school is earmarked for specific areas, and candidate companies are selected based on fit with each schools mission.

The idea is to build more integrated links with the universities. It's intended to help drive benefits similar to the successful model used by the SUNY College of Nanoscale Science and Engineering to partner with the semiconductor industry.

Note that this is really designed to benefit NY outside of NYC.

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