The Department of Economic Development may enter into contractual agreements with the regional councils formed under 8-25-5 of this code to provide funding to the regional councils to be used to obtain federal matching grants and for other purposes determined to be appropriate by the department. The maximum state allocation to each eligible regional council shall be $40,000: Provided, That the amount of the allocation shall be determined by dividing the number of eligible regional councils into the total amount of funds made available for allocation by the Legislature. The Department of Economic Development shall develop criteria to determine a regional councils eligibility for the state allocation.
Structure West Virginia Code
Chapter 5B. Economic Development Act of 1985
Article 2. Department of Economic Development
§5B-2-1. West Virginia Department of Economic Development; Confidentiality
§5B-2-2. Office of Secretary of Department of Economic Development
§5B-2-3. Powers and Duties of the Secretary
§5B-2-3b. Economic Development Promotion and Closing Fund
§5B-2-4. Public-Private Partnerships
§5B-2-4a. State Allocation to Regional Councils
§5B-2-5. Economic Development Representatives
§5B-2-6. Transition; Savings Provision
§5B-2-6a. Brownfield Economic Development Districts; Applications; Fees; Rules
§5B-2-14. Certified Development Community Program
§5B-2-15. Upper Kanawha Valley Resiliency and Revitalization Program
§5B-2-16. Entrepreneurship and Innovation Investment Fund
§5B-2-17. West Virginia Motorsport Committee
§5B-2-18. Small Business Supplier Certification Assistance Program
§5B-2-19. Certified Sites and Development Readiness Program
§5B-2-20. West Virginia Uncrewed Aircraft Systems Advisory Council
§5B-2-21. Certified Industrial Business Expansion Development Program