2016 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Greason
Funding for the MACH37 Cyber Accelerator

Item 428 #5h

Item 428 #5h

First Year - FY2017 Second Year - FY2018
Innovation and Entrepreneurship Investment Authority FY2017 $1,000,000 FY2018 $0 GF

Page 358, line 12, strike "$8,388,090" and insert "$9,388,090".

(This amendment provides $1.0 million from the general fund in the first year for continued support of the MACH37 Cyber Accelerator program. The program, created in 2013, is designed to bring cyber security entrepreneurs to the Commonwealth and assist in the launch of start up companies. 29 new companies have been started thus far.)