Virginia Research and Technology Investment Program; created, report. (SB1322)

Introduced By

Sen. Steve Newman (R-Forest)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Investment in research and technology in the Commonwealth.  Creates the Virginia Research and Technology Investment Program, consisting of the Commonwealth Research Commercialization Fund (CRCF) and the GAP Fund program administered by the Innovation and Entrepreneurship Investment Authority. The bill makes significant changes to the existing CRCF, including creating a Commercialization Subfund, a Research Match Subfund, and an Eminent Scholar Subfund, and sets up a new process for the application, review, and award of funds from the CRCF. Read the Bill »


02/02/2011: Merged into SB1485


01/12/2011Prefiled and ordered printed; offered 01/12/11 11101367D
01/12/2011Referred to Committee on General Laws and Technology
01/26/2011Impact statement from DPB (SB1322)
02/02/2011Incorporated by General Laws and Technology (SB1485-Newman) (14-Y 0-N) (see vote tally)

Duplicate Bills

The following bills are identical to this one: HB2324.


Hampton Roads Partnership, tracking this bill in Photosynthesis, notes:

Track for Caucus

stephen writes:

Wheres all this money going to come from, sounds to me that this bill will just add more reasons to raise taxes.