Virginia Innovation Partnership Authority [309]
Secretarial Area: Commerce and Trade
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.
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Biennium Fiscal Year Source GF NGF Total
2020-2022 2021 Chapter 552, 2021 Acts of Assembly, Special Session I $26,100,000 $25,000,000 $51,100,000
2020-2022 2021 Previous Legislative Appropriation $25,700,000 $0 $25,700,000
2020-2022 2021 Governor's Amendments $0 $25,000,000 $25,000,000
2020-2022 2021 General Assembly Adjustments $400,000 $0 $400,000
2020-2022 2022 Chapter 552, 2021 Acts of Assembly, Special Session I $41,550,000 $0 $41,550,000
2020-2022 2022 Previous Legislative Appropriation $39,700,000 $0 $39,700,000
2020-2022 2022 Governor's Amendments $750,000 $0 $750,000
2020-2022 2022 General Assembly Adjustments $1,100,000 $0 $1,100,000
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
2020-2022 2021 Chapter 552, 2021 Acts of Assembly, Special Session I 0.00 0.00 0.00
2020-2022 2021 Previous Legislative Appropriation 0.00 0.00 0.00
2020-2022 2021 Governor's Amendments 0.00 0.00 0.00
2020-2022 2021 General Assembly Adjustments 0.00 0.00 0.00
2020-2022 2022 Chapter 552, 2021 Acts of Assembly, Special Session I 0.00 0.00 0.00
2020-2022 2022 Previous Legislative Appropriation 0.00 0.00 0.00
2020-2022 2022 Governor's Amendments 0.00 0.00 0.00
2020-2022 2022 General Assembly Adjustments 0.00 0.00 0.00
Operating Budget Addenda (in order of greatest impact)
•
Technical Correction - Nongeneral Fund Update for VIPA (2020 Special Session General Assembly Action - 135 #1c) Decision Package
  This amendment reflects $20 million of nongeneral fund resources appropriated during the 2020 General Assembly Session. This is a technical amendment.
 
  FY FY
Nongeneral Fund $20,000,000 $0
•
COVID-19 Drug Research and Development (2020 Special Session General Assembly Action - 135 #3c) Decision Package
  This amendment provides $5 million in the first year from the nongeneral fund to accelerate the research and development of therapeutic drug treatments for COVID-19.
 
  FY FY
Nongeneral Fund $5,000,000 $0
•
Add rent to base appropriation Decision Package
  Establishes a base appropriation for rent. Previously, the Innovation and Entrepreneurship Authority, which was replaced by the Authority in accordance with legislation adopted during the 2020 Session, operated rent-free at a location designated by the General Assembly. This property has been sold.
 
  FY FY
General Fund $0 $750,000
•
VIPA Centers of Excellence (2020 Special Session General Assembly Action - 135 #2c) Decision Package
  This amendment ensures the funding approved by the 2020 General Assembly for the Centers of Excellence (the Centers) under the Virginia Innovation Partnership Authority (VIPA) can be distributed to the Centers during the establishment of VIPA's Board of Directors. This is a technical amendment.
•
Commonwealth Center for Advanced Manufacturing General Assembly Adjustment
  This amendment increases general fund appropriations for the Commonwealth Center for Advanced Manufacturing (CCAM) by $1.4 million over the biennium to attract federal research funds.
 
  FY FY
General Fund $400,000 $1,000,000
•
Virginia Nuclear Energy Consortium Planning Grant General Assembly Adjustment
  This amendment provides $100,000 from the general fund the second year for the Virginia Nuclear Energy Consortium Authority as a one-time planning grant to develop a nuclear research and innovation hub in Virginia.
 
  FY FY
General Fund $0 $100,000
•
Technical: Budget Language Clarification General Assembly Adjustment
  This amendment clarifies language included for the Commonwealth Cyber Initiative and removes legacy budget language related to the Commonwealth Center for Advanced Manufacturing.


p3_bullets - Official Enacted Budget - 06-07-2025 17:20:20