2010 Session

Budget Amendments - HB30 (Conference Report)

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VEDP International Funding

Item 114 #5c

Item 114 #5c

First Year - FY2011 Second Year - FY2012
Commerce And Trade
Virginia Economic Development Partnership FY2011 $500,000 FY2012 $1,000,000 GF

Page 62, line 37, strike "$15,870,751" and insert "$16,370,751".
Page 62, line 37, strike "$15,742,351" and insert "$16,742,351".
Page 64, after line 6, insert:
"N. Out of the amounts for economic development services shall be provided $500,000 the first year and $1,000,000 the second year from the general fund to establish economic development offices in China, India and the United Kingdom and to expand the VALET program at the Virginia Economic Development Partnership."

(This amendment provides funding to the VEDP to support expanding the Commonwealth's trade with the growth markets of India and China, expand our presence in Western Europe, and assist small businesses enter the export market.)