Economic Development Incentive Payments (312)
| Request Title | Provide additional funding for a bioscience initiative |
| Biennium | 2016-2018 |
| Budget Round | Initial Bill |
| Category | New general fund spending initiatives |
| Region | None |
Description
|
Provides additional funding for a bioscience initiative to expand the role of the Virginia Biosciences Health Research Corporation. Additional funding increases the amount of funding available for research grants and provides for the development of infrastructure tools to facilitate bioscience research. |
Funding Summary
| Object Type | FY 2016 | FY 2017 | |
| General Fund Dollars | $5,000,000 | $7,500,000 | |
| Nongeneral Fund Dollars | $0 | $0 | |
| General Fund Positions | 0.00 | 0.00 | |
| Nongeneral Positions | 0.00 | 0.00 | |
| General Fund Transfers | $0 | $0 | |
| General Fund Revenue | $0 | $0 | |
| Layoffs | $0 | $0 | |
| Additions to Balance | $0 | $0 |
Funding Details
| By Program | Program Code | Program Title | FY 2016 | FY 2017 |
| 534 | Economic Development Services | $5,000,000 | $7,500,000 | |
| By Fund | Fund Code | Fund Title | FY 2016 | FY 2017 |
| 01000 | General Fund | $5,000,000 | $7,500,000 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2016 | FY 2017 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 01-24-2026 22:44:55
