McDonnell Pushes For More Money In Incentives Fund | WAMU 88.5 - American University Radio

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McDonnell Pushes For More Money In Incentives Fund

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By Natalie Neumann

When Virginia's lawmakers re-convene next week, they'll vote on 122 bills that Governor Bob McDonnell has amended. One of McDonnell changes would result in more money being funneled to the Governor's Opportunity Fund.

McDonnell amended the Commonwealth's budget to restore six million dollars to the fund, money he says will provide incentives to lure new businesses to Virginia, which is ranked as "one of the most business friendly" places in the country.

"I've got to go out and tell the Virginia story. That Governor's Opportunity Fund will provide me the flexibility to attract the next Hilton or Altria, or Rolls Royce or Northrop Grumman or big company to come and relocate," says McDonnell.

McDonnell is counting on the fund to help restore the Commonwealth's strong economy.

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