HJ 35 Study; biotechnology venture capital.
William W. (Ted) Bennett, Jr. | all patrons    ...    notes
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Summary as passed:
Biotechnology venture capital study. Requests the Innovative Technology Authority, in consultation with the Virginia Biotechnology Research Park Authority, to study the feasibility of establishing a state-sponsored venture capital program tailored for biotechnology and report the findings and recommendations to the Governor and the 2001 General Assembly. The Authorities are also requested to consider all regions of the Commonwealth where existing or newly formed biotechnology centers of research and industry are located. State-supported research universities, medical colleges, and public-private initiatives, such as the Carilion Biomedical Institute, must be consulted and involved in the study. This resolution is a recommendation of the Joint Commission on Technology and Science.


Summary as passed House:
Biotechnology venture capital study. Requests the Innovative Technology Authority, in consultation with the Virginia Biotechnology Research Park Authority, to study the feasibility of establishing a state-sponsored venture capital program tailored for biotechnology and report the findings and recommendations to the Governor and the 2001 General Assembly. The Authorities are also requested to consider all regions of the Commonwealth where existing or newly formed biotechnology centers of research and industry are located. State-supported research universities, medical colleges, and public-private initiatives, such as the Carilion Biomedical Institute, must be consulted and involved in the study. This resolution is a recommendation of the Joint Commission on Technology and Science.


Summary as introduced:
Biotechnology venture capital study. Requests the Innovative Technology Authority, in consultation with the Virginia Biotechnology Research Park Authority, to study the feasibility of establishing a state-sponsored venture capital program tailored for biotechnology and report the findings and recommendations to the Governor and the 2001 General Assembly. This resolution is a recommendation of the Joint Commission on Technology and Science.