Innovation and Entrepreneurship Investment Authority [934]
Secretarial Area: Commerce and Trade
formerly under: Technology
Operating Budget Summary
This table shows the Governor's proposed budget for the next two years and the agency's official budget for the previous six years. more...
More historical data is available for this agency on DPB's website under the
Virginia's Budget page. If you click on the Budget Round Description links under any of the "DPB Appropriation Database" tables and open the filter you can select various fields to get greater detail and you can select the official chapter data going back for several decades. The "Caboose" chapters are the final biennial budget approved by the General Assembly and signed into Law.
Check it out here
Biennium
Fiscal Year
Source
GF
NGF
Total
2008-2010
2009
Chapter 872, 2010 Acts of Assembly
$5,295,878
$0
$5,295,878
2008-2010
2010
Chapter 872, 2010 Acts of Assembly
$4,111,460
$0
$4,111,460
2010-2012
2011
Chapter 2, 2012 Acts of Assembly
$4,473,512
$0
$4,473,512
2010-2012
2012
Chapter 2, 2012 Acts of Assembly
$4,973,750
$0
$4,973,750
2012-2014
2013
Chapter 1, 2014 Acts of Assembly
$5,926,877
$0
$5,926,877
2012-2014
2014
Chapter 1, 2014 Acts of Assembly
$8,282,500
$0
$8,282,500
2014-2016
2015
Chapter 665, 2015 Acts of Assembly
$8,510,873
$0
$8,510,873
2014-2016
2015
Previous Legislative Appropriation
$8,316,873
$0
$8,316,873
2014-2016
2015
Governor's Amendments
$0
$0
$0
2014-2016
2015
General Assembly Adjustments
$194,000
$0
$194,000
2014-2016
2016
Chapter 665, 2015 Acts of Assembly
$8,232,562
$0
$8,232,562
2014-2016
2016
Previous Legislative Appropriation
$8,328,212
$0
$8,328,212
2014-2016
2016
Governor's Amendments
($95,650)
$0
($95,650)
2014-2016
2016
General Assembly Adjustments
$0
$0
$0
Positions Budget Summary
Biennium
Fiscal Year
Source
GF
NGF
Total
2008-2010
2009
Chapter 872, 2010 Acts of Assembly
0.00
0.00
0.00
2008-2010
2010
Chapter 872, 2010 Acts of Assembly
0.00
0.00
0.00
2010-2012
2011
Chapter 2, 2012 Acts of Assembly
0.00
0.00
0.00
2010-2012
2012
Chapter 2, 2012 Acts of Assembly
0.00
0.00
0.00
2012-2014
2013
Chapter 1, 2014 Acts of Assembly
0.00
0.00
0.00
2012-2014
2014
Chapter 1, 2014 Acts of Assembly
0.00
0.00
0.00
2014-2016
2015
Chapter 665, 2015 Acts of Assembly
0.00
0.00
0.00
2014-2016
2015
Previous Legislative Appropriation
0.00
0.00
0.00
2014-2016
2015
Governor's Amendments
0.00
0.00
0.00
2014-2016
2015
General Assembly Adjustments
0.00
0.00
0.00
2014-2016
2016
Chapter 665, 2015 Acts of Assembly
0.00
0.00
0.00
2014-2016
2016
Previous Legislative Appropriation
0.00
0.00
0.00
2014-2016
2016
Governor's Amendments
0.00
0.00
0.00
2014-2016
2016
General Assembly Adjustments
0.00
0.00
0.00
Operating Budget Addenda (in order of greatest impact)
Moves FY 2016 savings included in Item 471 of Chapter 2, 2014 Acts of Assembly, Special Session I, from Central Appropriations to applicable agency budgets. These amounts are not a part of the additional savings assumed in Chapter 3, 2014 Acts of Assembly, Special Session I (HB 5010).
Designates existing appropriation and unexpended balances at the Center for Innovative Technology as of June 30, 2014 to support the Virginia Cyber Security Commission and its recommendations.
This amendment provides additional flexibility for the Center for Innovative Technology to manage its prior year balances and maintain an operating reserve to allow each of its programs to move forward in light of reductions totaling 35 percent of its general fund budget in the first year.
This language amendment would allow the Center for Innovative Technology to use up to $2.0 million of existing funding provided for the Commonwealth Research and Commercialization Fund to support MACH 37 operations if the private funding campaign fails to secure its entire $3.0 million requirement by July 1, 2015. The fund raising campaign was delayed by one year.
This language amendment mirrors provisions included in House Bill 1799 as adopted by the 2015 General Assembly which requires the Center for Innovative Technology to operate with increased transparency.
p3_bullets - Official Enacted Budget - 11-01-2025 05:59:02
