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2012 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Tata
Nonstate Grants to Nonstate Entities: Build Great Things

Item 490 #1h

Item 490 #1h

First Year - FY2013 Second Year - FY2014
Nonstate Agencies
State Grants to Nonstate Entities-Nonstate Agencies FY2013 $200,000 FY2014 $0 GF

Language
Page 369, after line 22, insert:
Build Great Things      $200,000     $0".


Explanation
(This amendment provides $200,000 the first year to Build Great Things organization which provides incubation services and helps high growth companies that agree to stay in Virginia for five years. This allocation would be used toward capital injections of $10,000 increments to member companies.)