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2022 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Tran
Veteran Entrepreneur Development Center Pilot Program

Item 470 #4h

Item 470 #4h

First Year - FY2023 Second Year - FY2024
Veterans and Defense Affairs
Department of Veterans Services FY2023 $1,500,000 FY2024 $1,500,000 GF

Language
Page 488, line 4, strike "$33,602,661" and insert "$35,102,661".
Page 488, line 4, strike "$32,560,462" and insert "$34,060,462".

Page 489, after line 13, insert:

"G. Out of this appropriation, $1,500,000 the first year and $1,500,000 the second year from the general fund is provided to establish two pilot veteran entrepreneur development programs. One pilot location shall be located in the Northern Virginia region, and one shall be located in the Hampton Roads region. Each center must serve at least 30 veterans during the pilot program period, and must apply the Entrepreneurial Technical Assistance Methodology offered by Incubation Operations, Training and Applications, LLC."



Explanation

(This amendment provides $1.5 million from the general fund each year for the creation of two pilot veteran entrepreneur development centers.)