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2018 Session

Budget Amendments - SB30 (Floor Approved)

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Virginia Growth and Opportunity Board (language only)

Item 106 #5h

Item 106 #5h

Commerce and Trade
Department of Housing and Community Development

Language

Page 90, after line 12, insert:

"N.1.a. The Growth and Opportunity Board shall convene a workforce development advisory workgroup to develop guidelines for the “Interns for Virginia” Partnership Program.  The Board shall develop the guidelines in consultation with public institutions of higher education in Virginia, the six ex officio members of the six-year plan review committee established under § 23.1-306, business and industry representatives, and other potential partners.

b. The guidelines established by the Board shall include the following provisions:  (i) Grants may be awarded up to $5,000 annually to a participating student intern and up to $5,000 annually to an employer that hosts a participating student intern; (ii) Grants may be awarded only to employers with facilities located in the Commonwealth of Virginia; (iii) the participating student intern must be employed at such a facility; and, (iv) the employer must make such matching payment to the student intern as the guidelines may prescribe.

2.a. Qualifying regions shall utilize funds awarded from grants based upon the region's share of the state population and shall coordinate with public institutions in Virginia and industry partners to develop plans that align with the guidelines to be developed by the state Growth and Opportunity Board.

b. Applications submitted by qualifying regions shall describe how the proposed internship grants will be used to accomplish one or more of the following goals:  (i) support the strategic economic objectives of the Commonwealth of Virginia regarding workforce needs in sectors and clusters targeted for development; (ii) support the strategic economic objectives of the Commonwealth of Virginia regarding research and research commercialization in sectors and clusters targeted for development; (iii) support regional economic growth and diversification plans; (iv) increase student enrollment and degree or credential completion in the science, technology, engineering, mathematics, and health care fields; (v) facilitate the success of startup and early-stage businesses in Virginia by providing talent at reduced cost to the business; (vi) increase the likelihood that talented students, regardless of the state or country of residence, will choose to begin their careers in Virginia; (vii) enhance the job readiness and access of students by providing valuable workplace experience as a member of a team addressing real problems and building skills that employers seek; and (viii) reduce the amount of educational loan debt that students will incur without lengthening the course of study leading to a degree or industry-recognized credential.

3.  Participating institutions of higher education shall collaborate with business and industry representatives and other potential partners in private-sector outreach designed to promote awareness of the program and participation by employers located in Virginia."

Page 90, line 13, Strike "N." and insert "O."

Page 90. line 15, strike "O." and insert "P."  



Explanation

(This amendment directs the Virginia Growth and Opportunity Board to convene and advisory workgroup to develop guidelines for an internship program and establishes some criteria to be included in the guidelines.)