This is not the official budget document.

Budget Summary FY2010

Department of Business Development
Data Current as of:  1/26/2010



FISCAL YEAR 2010 BUDGET SUMMARY ($000)
ACCOUNT FY2010
Conference		 FY2010
Vetoes		 FY2010
GAA		 October
Budget
Reductions
Department of Business Development Administration 393 0 393 -15
Regional Economic Development Grants 800 0 800 -800
Massachusetts Office of Business Development 2,259 0 2,259 -778
Biotech Research Institute 420 -210 210 0
Small Business Development Center at the University of Massachusetts Amherst 1,204 0 1,204 0
Massachusetts Office of Travel and Tourism 7,484 0 7,484 -2,574
Massachusetts Sports and Entertainment Commission 1,250 0 1,250 -650
Commonwealth Zoological Corporation 6,500 -4,000 2,500 0
Local Tourist Councils Financial Assistance 6,000 -1,500 4,500 -2,250
Massachusetts International Trade Council 250 0 250 -125
State Office of Minority and Women Business Assistance 755 0 755 -31
TOTAL    27,315 -5,710 21,605 -7,223

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account description amount
DEPARTMENT OF BUSINESS DEVELOPMENT 21,605,033
 
7007-0100 Department of Business Development Administration
For the office of the director of business development 		392,944
7007-0150 Regional Economic Development Grants
For a competitive grant program to promote the 8 regional economic development corporations, councils and partnerships across the commonwealth 		800,000
7007-0300 Massachusetts Office of Business Development
For the operation of the Massachusetts office of business development, which shall include the operation and support of capital grants programs, including the Massachusetts Opportunity Relocation and Expansion Jobs Capital Program, established in chapter 123 of the acts of 2006, and for marketing and promoting the commonwealth in order to attract and retain targeted businesses and industries 		2,259,352
7007-0500 Biotech Research Institute
For the operation and maintenance of the Massachusetts Biotechnology Research Institute for the purpose of promoting the commercialization of new, academic-based research and development, and raising the scientific awareness of the communities of the commonwealth 		210,000
7007-0800 Small Business Development Center at the University of Massachusetts Amherst
For a grant for the state match 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 25 per cent 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 for the electronic identification and tracking of federal bid opportunities; provided further, that funds expended for the purpose of operating federal procurement technical assistance services within said center shall be subject to the receipt of matching funds from federal or private sources, including the United States Department of Defense; and provided further, that quarterly expenditure reports shall be filed with the house and senate committees on ways and means 		1,204,286
7007-0900 Massachusetts Office of Travel and Tourism
For the operation and administration of the office of travel and tourism; provided, that performance-based standards shall be incorporated in all contracts executed by said office for the procurement of tourism marketing and advertising services; provided further, that the organizations shall be required, as a condition of receiving a grant, to submit a total operating budget which identifies each source and use of operating and capital funds; and provided further, that not less than $1,000,000 shall be expended through a grant application process established by the office of travel and tourism to offset deficits that may occur during fiscal year 2010 for the highway information centers operating year-round on state highways and federally-assisted highways, and the visitor information centers on Boston Common and the Prudential Center, both in the city of Boston, and the Adams Visitor Center in the town of Adams
                Massachusetts Tourism Fund ............... 100%
7,483,636
7007-0901 Massachusetts Sports and Entertainment Commission
For the operation and administration of the Massachusetts Sports and Entertainment Commission; provided, that the Massachusetts Sports and Entertainment Commission shall be the official and lead agency to facilitate and attract major sports events and championships in the commonwealth; and provided further, that the Massachusetts Sports and Entertainment Commission shall establish a division within the commission which shall be the official and lead agency to facilitate motion picture production and development within the commonwealth 		1,250,000
7007-0951 Commonwealth Zoological Corporation
For the operation of the Commonwealth Zoological Corporation pursuant to chapter 92B of the General Laws; provided, that funds appropriated in this item shall be expended for the purposes of promoting private fundraising, achieving self-sufficiency and serving as a catalyst for urban economic development and job opportunities for local residents; provided further, that the corporation shall take all steps necessary to increase the amount of private funding available for the operation of the zoos; provided further, that funding in this item may not be transferred through interdepartmental service agreements; and provided further, that the corporation shall report to the house and senate committees on ways and means not later than February 1, 2010, on the status of, and amounts collected from, the private fundraising and enhanced revenue efforts identified in the draft Massachusetts Zoos Business and Operations Plan, dated December, 1996 		2,500,000
7007-1000 Local Tourist Councils Financial Assistance
For assistance to regional tourist councils under section 14 of chapter 23A of the General Laws; provided, that notwithstanding any general or special law or rule or regulation to the contrary, each of the councils may expend an amount not to exceed 20 per cent of the funds appropriated in this item for the cost of administrative services 		4,500,000
7007-1300 Massachusetts International Trade Council
For the operation of the Massachusetts international trade council; provided, that subject to final execution of the terms and conditions of a contract, the council shall act on behalf of the department of business development to perform the functions of the Massachusetts office of international trade and investment under sections 23A through 28, inclusive, of chapter 23A of the General Laws
                Massachusetts Tourism Fund ............... 100%
250,000
7007-1500 State Office of Minority and Women Business Assistance
For the operation and administration of the office of minority and women business assistance; provided, that the office shall administer an electronic business certification application which shall be accessible to business applicants through use of the internet; provided further, that the office shall ensure the integrity and security of personal and financial information transmitted by electronic application; provided further, that the office shall, using all existing available resources, provide certification services within each of the 1-stop regional assistance centers of the Massachusetts office of business development; and provided further, that the office shall develop and implement measures and procedures to continue to improve the efficiency and the timeliness of the certification process 		754,815

account description amount