Virginia Innovation Partnership Authority (309)
| Request Title | Establish the Virginia Biotechnology, Life Sciences, and Pharmaceutical Manufacturing Network |
| Biennium | 2024-2026 |
| Budget Round | Initial Bill |
| Category | New general fund spending initiatives |
| Region | None |
Description
|
Provides funding for the Virginia Biotechnology, Life Sciences, and Pharmaceutical Manufacturing Network, a partnership between the authority, the University of Virginia, Virginia Polytechnic Institute and State University, and Virginia Commonwealth University. |
Funding Summary
| Object Type | FY 2024 | FY 2025 | |
| General Fund Dollars | $100,000,000 | $0 | |
| 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 2024 | FY 2025 |
| 534 | Economic Development Services | $100,000,000 | $0 | |
| By Fund | Fund Code | Fund Title | FY 2024 | FY 2025 |
| 01000 | General Fund | $100,000,000 | $0 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2024 | FY 2025 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 17:11:32
