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Budget Recommendations

Business and Technology

Economic Development
         Department of Business and Technology
Account Description
FY06
GAA
FY07
House 2
 
Small Business Development Center at the University of Massachusetts Amherst  
   7007-0800   For a state matching grant for a small business development center; provided, that no funds shall be expended from this item until such time as the United States Small Business Administration has made a payment or has executed a contract to pay the university of Massachusetts at Amherst for the operation of the center; provided further, that the funds expended from this item shall not exceed 25 per cent of the gross operating cost of said center; provided further, that not more than $300,000 of the amount appropriated herein shall be expended for the purpose of operating federal procurement technical assistance services within said center; provided further, that the services shall include, but not be limited to, assisting businesses in securing federal contracts, obtaining contract financing, generating responses to requests for proposals, interpreting bid documents, providing educational workshops and seminars, and the electronic identification and tracking of federal bid opportunities; and provided further, that the expenditure of said $300,000 shall be subject to the receipt of matching funds from federal or private sources including the Department of Defense 1,113,415 1,299,286
 
 
 Increased funding to support program operations.