NCI - Transfer Philpott / GenEdge to NCI from VCCS
Item 237.10 #1h
Item 237.10 #1h | First Year - FY2027 | Second Year - FY2028 | |
| Education: Higher Education |
| New College Institute | FY2027 $2,252,512 | FY2028 $2,252,512 | GF |
Language
Page 277, after line 10, insert:
| "237.10 A.L. Philpott Manufacturing Extension Partnership (Program 53400) | $2,252,512 | $2,252,512 | |
| Fund Sources:
General
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$2,252,512
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$2,252,512
" | |
Page 277, after line 10, insert:
"E.1. Out of this appropriation, $666,162 each year from the general fund is designated for the A.L. Philpott Manufacturing Extension Partnership, a political subdivision of the Commonwealth per § 23.1-3101, Code of Virginia, doing business as GenEdge Alliance, with New College Institute currently acting as fiscal agent.
2. Out of this appropriation, $1,086,350 each year from the general fund is designated for the A.L. Philpott Manufacturing Extension Partnership, with New College Institute currently acting as fiscal agent, for an ongoing match for a grant from the U.S. Department of Commerce to develop a manufacturer assistance program covering all of Virginia.
3. Out of this appropriation, $500,000 each year from the general fund is designated for the A.L. Philpott Manufacturing Extension Partnership, with New College Institute currently acting as fiscal agent, as a match for a grant from the U.S. Department of Energy to develop the Virginia Smart Manufacturing Accelerator program, covering all of Virginia."
Explanation
(This amendment transfers funding and fiscal agent responsibilities for the A.L. Philpott Manufacturing Extension Partnership / GenEDGE from the VCCS to the New College Institute.)