Department of Small Business and Supplier Diversity [350]
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
2018-2020 2019 Chapter 1283, 2020 Acts of Assembly $4,439,269 $2,899,301 $7,338,570
2018-2020 2020 Chapter 1283, 2020 Acts of Assembly $4,189,269 $2,574,301 $6,763,570
2020-2022 2021 Chapter 1, 2022 Acts of Assembly $4,387,842 $2,642,807 $7,030,649
2020-2022 2022 Chapter 1, 2022 Acts of Assembly $5,727,375 $2,642,807 $8,370,182
2022-2024 2023 Chapter1, 2024 Acts of Assembly $5,892,398 $2,739,323 $8,631,721
2022-2024 2024 Chapter1, 2024 Acts of Assembly $5,892,398 $2,739,323 $8,631,721
2024-2026 2025 Chapter 725, 2025 Acts of Assembly $6,330,690 $3,146,107 $9,476,797
2024-2026 2025 Previous Legislative Appropriation $6,180,690 $3,146,107 $9,326,797
2024-2026 2025 Governor's Amendments $0 $0 $0
2024-2026 2025 General Assembly Adjustments $150,000 $0 $150,000
2024-2026 2026 Chapter 725, 2025 Acts of Assembly $5,766,768 $3,146,107 $8,912,875
2024-2026 2026 Previous Legislative Appropriation $5,680,690 $3,146,107 $8,826,797
2024-2026 2026 Governor's Amendments $86,078 $0 $86,078
2024-2026 2026 General Assembly Adjustments $0 $0 $0
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
2018-2020 2019 Chapter 1283, 2020 Acts of Assembly 26.00 24.00 50.00
2018-2020 2020 Chapter 1283, 2020 Acts of Assembly 26.00 24.00 50.00
2020-2022 2021 Chapter 1, 2022 Acts of Assembly 40.00 24.00 64.00
2020-2022 2022 Chapter 1, 2022 Acts of Assembly 45.00 24.00 69.00
2022-2024 2023 Chapter1, 2024 Acts of Assembly 45.00 24.00 69.00
2022-2024 2024 Chapter1, 2024 Acts of Assembly 45.00 24.00 69.00
2024-2026 2025 Chapter 725, 2025 Acts of Assembly 45.00 24.00 69.00
2024-2026 2025 Previous Legislative Appropriation 45.00 24.00 69.00
2024-2026 2025 Governor's Amendments 0.00 0.00 0.00
2024-2026 2025 General Assembly Adjustments 0.00 0.00 0.00
2024-2026 2026 Chapter 725, 2025 Acts of Assembly 46.00 24.00 70.00
2024-2026 2026 Previous Legislative Appropriation 45.00 24.00 69.00
2024-2026 2026 Governor's Amendments 1.00 0.00 1.00
2024-2026 2026 General Assembly Adjustments 0.00 0.00 0.00
Operating Budget Addenda (in order of greatest impact)
•
Increase Small, Women-owned, and Minority-owned business certification capacity Decision Package
  Provides general fund support and one position to process Small, Women-owned, and Minority-owned Business (SWaM) certification applications.
 
  FY FY
General Fund $0 $86,078
Positions 0.00 1.00
•
Transfer general fund appropriation between service areas for accurate accounting Decision Package
  Transfers general fund appropriation between service areas to more accurately reflect projected expenditures. This adjustment is technical in nature.
•
Transfer nongeneral fund appropriation between service areas Decision Package
  Aligns transportation fund appropriation with expenditure patterns in the last three fiscal years, and redistributes appropriation to the agency's administrative service area for proper accounting. This amendment is technical in nature.
•
Executive Amendment - Remove funding for SWaM procurement (Amendment 36) General Assembly Adjustment
  Removes funding provided for Small, Women, and Minority (SWaM) owned business utilization in state contracts pursuant to HB1922. This legislation will be vetoed.
 
  FY FY
General Fund $0 ($187,020)
Positions 0.00 (2.00)
•
SWaM Procurement (HB 1922) (111 #1c) General Assembly Adjustment
  This amendment provides $187,020 the second year from the general fund and 2.0 positions to effectuate the provisions of House Bill 1922 of the 2025 General Assembly, related to Small, Women, and Minority owned business utilization in state contracts.
 
  FY FY
General Fund $0 $187,020
Positions 0.00 2.00
•
Capital Access Program (111 #2c) General Assembly Adjustment
  This amendment provides $150,000 the first year from the general fund to the City of Richmond to support the Metropolitan Business League's and Bridging Virginia's Capital Access Program. This program provides resources to small businesses owned by individuals from historically marginalized communities or with economically disadvantaged backgrounds.
 
  FY FY
General Fund $150,000 $0


p3_bullets - Official Enacted Budget - 04-05-2026 02:45:31