Virginia Small Business Financing Authority; scoring system.

Department of Small Business and Supplier Diversity; Virginia Small Business Financing Authority; Small Business InvestmentGrant Fund; scoring system. Provides that the Virginia SmallBusiness Financing Authority shall develop and utilize a scoringsystem based on project characteristics and other criteria as determinedby the Authority to (i) award grants under the Small Business Investment Grant Fund and (ii) set the reimbursement rate for each grant award.This bill is a recommendation of the Joint Legislative Audit andReview Commission.