N.Y. Comp. Codes R. & Regs. tit. 5, § 21.3 – Terms.

(a) For a preliminary feasibility study:
1. (1) the department, or the UDC upon the approval of the commissioner, may provide financial support not to exceed $15,000 for a preliminary feasibility study for a local buy out of an industrial firm, except that upon a showing of special circumstances, the commissioner may authorize additional financial support; and
2. (2) the department, or the UDC upon the approval of the commissioner, may provide financial support not to exceed $10,000 for a preliminary feasibility study of a corporate restructuring or turnaround plan, except that upon a showing of special circumstances, the commissioner may authorize additional financial support.
(b) The department, or the UDC upon the approval of the commissioner, may provide financial support not to exceed $150,000 for a full feasibility study.