In other words, Perry dictates who gets the money. Firms that got cash include Terrabon Inc., which received $2.75 million and is backed by one Phil Adams, a college friend of Perry's who has donated $314,000. Another is ThromboVision Inc., whose investors include Charles W. Tate, a donor of some $424,000 to Perry. ThromboVision got $1.5 million from the fund.
Perry told the News he doesn't see who's invested in a company when he reviews applications.
"Whether they contribute to my campaign or not has nothing to do with whether or not the project is appropriate" for funding, he said.
But a spokeswoman for his office said applicants must provide full financial disclosure -- including investors.