West Virginia Code 64-10-1 – West Virginia Department of Economic Development
The legislative rule filed in the State Register on July 29, 2022, authorized under the authority of § 5B-8-2 of this code, modified by the West Virginia Department of Economic Development to meet the objections of the Legislative Rule-Making Review Committee and refiled in the State Register on November 1, 2022, relating to the West Virginia Department of Economic Development (Small Business Innovation Research and Small Business Technology Transfer Matching Funds Program, 145 CSR 15), is authorized with the amendments set forth below:
Terms Used In West Virginia Code 64-10-1
- State: when applied to a part of the United States and not restricted by the context, includes the District of Columbia and the several territories, and the words "United States" also include the said district and territories. See West Virginia Code 2-2-10
On page 1, by striking out all of subsection 2.1. and inserting lieu thereof of a new subsection 2.1. to read as follows:
“2.1. The West Virginia Small Business Innovation Research and Small Business Technology Transfer Matching Funds Program is established. It shall be administered by the Department of Economic Development. The purpose of this matching funds program is to foster job creation and economic development in the state. The Department of Economic Development may provide grants to eligible small businesses to prepare a competitive Phase I proposal, or match funds they receive from Small Business Innovation Research or Small Business Technology Transfer Phase I and Phase II awards. The Department of Economic Development will pay the grants from the fund known as the “Entrepreneurship and Innovation Investment Fund” created pursuant to W.Va. Code §5B-2-16.”;
And,
On page 1, subsection 3.1. by striking out the words “West Virginia Department of Commerce” and inserting in lieu thereof the words “West Virginia Department of Economic Development”.