Item 254 | First Year - FY2009 | Second Year - FY2010 |
|---|---|---|
| Financial Assistance for Educational and General Services (11000) | $4,500,000 | $16,750,000 |
| Sponsored Programs (11004) | FY2009 $4,500,000 | FY2010 $16,750,000 |
| Fund Sources: | ||
| General | FY2009 $4,500,000 | FY2010 $16,750,000 |
Authority: Discretionary Inclusion.
A. 1. Out of this appropriation, $2,000,000 the first year and $8,500,000 the second year from the general fund is designated for the Commonwealth Technology Research Fund pursuant to § 2.2-22331.1., Code of Virginia. These funds shall be used to enhance research opportunities at public institutions of higher education in the Commonwealth in accordance with § 2.2-2233.1 C. of the Code of Virginia.
2. Awards of these funds shall be made by the Commonwealth Technology Research Fund Grant Allocation Committee on a competitive basis using predetermined criteria for proposals submitted by Virginia's public institutions of higher education which provide for a high return of economic development.
3. Awards will be matched on at least a dollar-for-dollar basis by the respective institutions of higher education with federal funds, institutional funds, private funds, or any combination thereof; unless otherwise waived by the committee.
B.1. This Item also includes $15,000,000 the first year and $15,000,000 the second year from the general fund for the purchase of research and laboratory equipment under the Virginia College Building Authority Equipment program. Distribution of these funds to Virginia's public institutions of higher education will also be awarded by the Commonwealth Technology Research Grant Allocation Committee on a competitive basis.
2. Debt service is provided in the second year under Item 280 for the purchase of equipment authorized under Paragraph B.1.
C. Out of this appropriation, $1,000,000 the first year and $6,500,000 the second year from the general fund is designated for Jefferson Science Associates, LLC to leverage a federal investment of $310 million for an upgrade of the Jefferson Lab's research facilities, which will maintain its leadership in the study of nuclear physics and secure the benefits of such a facility for the Commonwealth.
D. Out of this appropriation, $1,000,000 the second year from the general fund is to be designated for the Hampton University Proton Therapy Institute to support the construction of a new center dedicated to the use of protons in the treatment of cancerous tumors with fewer side effects. Funding is contingent on the Virginia Economic Development Partnership's provision of a report to the Director, Department of Planning and Budget, confirming that the Institute has a feasible financial plan for the project.
E. 1. Out of this appropriation, $1,500,000 the first year and $750,000 the second year from the general fund is designated for the Virginia Coastal Energy Research Consortium (VCERC) to support research and development of Virginia's marine renewable energy resources with a focus on offshore winds, waves, and marine biomass, including the generation of algal biodiesel. This reflects the Commonwealth's commitment to research with an emphasis on the development of self-sustaining enterprises that continue beyond the 2008-2010 biennium.
2. The distribution of these cost-sharing funds shall be designated by the VCERC Board of Directors for proposals involving VCERC institutions working together. Old Dominion University will fund the support for the VCERC organization as required and provide industry sub-contracting as appropriate to support research and industry collaboration.
3. The VCERC shall operate following the administrative model of the Virginia Space Grant Consortium, employing the Old Dominion Research Foundation as its fiscal agent.
4. Funding contained in E.1. is contingent on the VCERC and/or the member institutions being able to document existing financial investments in such research activities from other federal or private funds.
5. The VCERC Executive Director shall certify to the Director, Department of Planning and Budget, that the requirements contained in E.2. through E.4. have been achieved prior to the transfer from the general fund to Old Dominion University's appropriation. It will be left to the discretion of the Director, Department of Planning and Budget, as to the amount of funds that are transferred at any given time.