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Letter on VIP and MEE Grants, Fourth Quarter 2022 — Caren DeWitt Merrick

Summary

This is a letter dated January 31, 2023 from Caren DeWitt Merrick, Secretary of Commerce and Trade, to the Honorable Janet D. Howell and the Honorable George L. Barker, Co-Chairs of the Senate Finance and Appropriations Committee, and to the Honorable Barry D. Knight and the Honorable Roxann L. Robinson, chairs of the House Appropriations Committee and House Finance Committee. It reports on the Virginia Investment Performance (VIP) and Major Eligible Employer (MEE) grants for the fourth quarter of the 2022 calendar year, stating that no VIP grants and no MEE grants were awarded in the quarter ending December 31, 2022. Disbursements from the VIP were made to Mondelez and Merck, and the letter says the VIP legislative cap has been reached.

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“Letter on VIP and MEE Grants, Fourth Quarter 2022 — Caren DeWitt Merrick.” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2023-rd98-2138c6c740/, SHA-256 794c0e45e928a85949b4d9b5924b683c4240e3d6a1ecb393ecda2a8cd4d76c96.

Full text

                                  COMMONWEALTH of VIRGINIA
                                                   Office of the Governor
Caren DeWitt Merrick
Secretary ofC,lmmcrcc and Trade


                                                         January 31, 2023



          The Honorable Janet D. Howell                                 The Honorable George L. Barker
          Co-Chair                                                      Co-Chair
          Senate Finance and Appropriations Committee                   Senate Finance and Appropriations Committee
          Room E509                                                     Room E619
          P.O. Box 396                                                  P.O. Box 396
          Richmond, Virginia 23218                                      Richmond, Virginia 23218

          The Honorable Barry D. Knight                                 The Honorable Roxann L. Robinson
          Chair                                                         Chair
          House Appropriations Committee                                House Finance Committee
          Pocahontas Building, Room WI 312                              Pocahontas Building, Room W435
          900 East Main Street                                          900 East Main Street
          Richmond, Virginia 23219                                      Richmond, Virginia 23219

          Senator and Delegates:

                 I am writing to report on the Virginia Investment Performance (VIP) and Major Eligible
          Employer (MEE) grants that were awarded during the fourth quarter of the 2022 calendar year as
          required by § 2.2-5103(0) of the Code of Virginia.

                 In the fourth quarter, ending December 31, 2022, no VIP grants were awarded.
          Additionally, no MEE grants were awarded in the fourth quarter of 2022.

          Virginia Investment Performance:

                    No VIP grants were awarded.

          Major Eligible Employer:

                    No MEE grants were awarded.




           Patrick Henry Building • 1111 East Broad Street • Richmond, Virginia 23219 • (804) 786-7831 • TIY: (800) 828, 1120
                                    COMMONWEALTH of VIRGINIA
                                                    Office of the Governor
Caren DeWitt Merrick
Secretary of Commerce .ind Tr.nlc


          Money Committee Chair
          January 31, 2023
          Page Two


                For the fourth quarter of the 2022 calendar year, disbursements from the VIP were made
          to Mondelez and Merck.

                 It should be noted that the VIP legislative cap has been reached and that no further VIP
          grants may be offered at this time.

                     Please let me know if you have any questions regarding this quarterly report of VIP and
          MEE.

                                                                Sin                            •
                                                                   


                                                                Caren Merrick

           CM:kme

           cc        Mr. Jason El Koubi
                     President and Chief Executive Officer
                     Virginia Economic Development Partnership




           Patrick Henry Building • 1111 East Broad Street • Richmond, V1rg1rua 23219 • (804) 786, 7831 • TTY. (800) 828· l 120


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