2007 Session

Budget Amendments - HB1650 (Member Request)

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Chief Patron: Bowling
SW Virginia Small Business Development Ctrs

Item 102 #3h

Item 102 #3h

First Year - FY2007 Second Year - FY2008
Commerce And Trade
Business Assistance, Department of FY2007 $0 FY2008 $200,000 GF

Page 99, line 3, strike "$14,695,160" and insert "$14,895,160".
Page 100, after line 5, insert:
"F. Out of the amounts provided for Economic Development Services shall be provided $200,000 in the second year from the general fund to support the four Southwest Virginia Small Business Development Centers at Mountain Empire, Southwest, Virginia Highlands and Wytheville community colleges."

(This amendment provides $200,000 from the general fund in the second year to four small business development centers (SBDCs) in southwest Virginia. Funding for the SBDCs comes from the Small Business Administration and each local host matches the SBA funding for its program.)