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§5B-2-14. Certified Development Community Program

The certified development community program is continued and is transferred to, incorporated in and administered as a program of the Department of Economic Development. The program shall provide funding assistance to the participating economic development corporations or authorities through a matching grant program. The department shall establish criteria for awarding matching grants to the corporations […]

§5B-2-16. Entrepreneurship and Innovation Investment Fund

(a) The Entrepreneurship and Innovation Investment Fund is hereby created. The fund shall be administered by the Department of Economic Development and shall consist of all moneys made available for the purposes and from the sources set forth in this section of the code. (b) The fund consists of moneys received from the following sources: […]

§5B-2-17. West Virginia Motorsport Committee

(a) The West Virginia Motorsport Committee is hereby created. (b) The committee consists of five members, including its chairperson, appointed by the Governor to serve at his or her will and pleasure. (c) The Secretary of the Department of Tourism and the Secretary of the Department of Economic Development shall also serve on the committee, […]

§5B-2-18. Small Business Supplier Certification Assistance Program

(a) The Legislature finds that there is currently no standardized certification process for small business enterprises in West Virginia. As a result, there is no uniform method for verifying or certifying small business contractors or suppliers seeking to participate in government contracting and procurement processes. The Legislature further finds that it is important to develop […]

§5B-2-19. Certified Sites and Development Readiness Program

(a)(1) The Certified Sites and Development Readiness Program is hereby created and is to be administered as a program within the Department of Economic Development with appropriate rules as necessary. The program shall establish evaluation criteria and site certification levels based upon developmental readiness of an applicants site. In developing the program, the department shall […]

§5B-2-20. West Virginia Uncrewed Aircraft Systems Advisory Council

(a) The West Virginia Uncrewed Aircraft Systems Advisory Council is hereby created within the Department of Economic Development. (b) The council consists of the following nine members, including the chairperson: (1) The Secretary of the Department of Economic Development or his or her designee, ex officio, who shall serve as the chair of the council, […]

§5B-2-21. Certified Industrial Business Expansion Development Program

(a) Program established. — The Certified Industrial Business Expansion Development Program is hereby created and is to be administered as a program within the Department of Economic Development to encourage the continued development, construction, operation, maintenance, and expansion in West Virginia of high impact industrial plants and facilities, in certain circumstances where the availability of […]