Commonwealth of Virginia Innovation Partnership Act

This is the 2026 edition of the code. This is the current edition. It was last updated Aug 02, 2026. Browse all editions.

This is Article 11 of the Code of Virginia, titled “Commonwealth of Virginia Innovation Partnership Act.” It is part of Chapter 22 “Authorities”, which is part of Part D “State Authorities, Boards, Commissions, Councils, Foundations and Other Collegial Bodies”, which is part of Subtitle I “Organization of State Government”, which is part of Title 2.2 “Administration of Government”. It contains 14 laws.

It’s comprised of the following 14 sections.

§ 2.2-2351	Short title; declaration of public purpose
§ 2.2-2352	Definitions
§ 2.2-2353	Board of directors; members; president
§ 2.2-2354	Powers and duties of the president
§ 2.2-2355	Powers of the Authority
§ 2.2-2356	Designation of staff of not-for-profit entity
§ 2.2-2357	Division of Entrepreneurial Ecosystems
§ 2.2-2358	Division of Investment
§ 2.2-2359	Division of Commercialization
§ 2.2-2360	Virginia Innovation Index
§ 2.2-2361	Grants or loans of public or private funds
§ 2.2-2362	Moneys of Authority; examination of books by the Auditor of Public Accounts
§ 2.2-2363	Exemption from taxes or assessments
§ 2.2-2364	Exemption of Authority from personnel and procurement procedures; adoption of procurement policies