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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>66958</law_id><section_number>2.2-2352</section_number><catch_line>Definitions</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="2.2">Administration of Government</unit><unit label="subtitle" level="2" order_by="1" identifier="I">Organization of State Government</unit><unit label="part" level="3" order_by="1" identifier="D">State Authorities, Boards, Commissions, Councils, Foundations and Other Collegial Bodies</unit><unit label="chapter" level="4" order_by="1" identifier="22">Authorities</unit><unit label="article" level="5" order_by="1" identifier="11">Commonwealth of Virginia Innovation Partnership Act</unit></structure><text>
						<section><p>As used in this article, unless the context requires a different meaning:
		&#x201C;<span class="dictionary">Authority</span>&#x201D; means the <span class="dictionary">Commonwealth</span> of Virginia Innovation Partnership <span class="dictionary">Authority</span>.
		&#x201C;<span class="dictionary">Board</span>&#x201D; means the <span class="dictionary">board</span> of directors of the <span class="dictionary">Authority</span>.
		&#x201C;<span class="dictionary">Founder</span>&#x201D; means a person who founds a company.
		&#x201C;<span class="dictionary"><span class="dictionary">Founder</span>-friendly</span>&#x201D; means policies related to the transactional process of the development of technology, from research to commercialization, that are fair, transparent, and designed to enable the success of an inventor and business owner as the business grows.
		&#x201C;<span class="dictionary">Index</span>&#x201D; means the Virginia Innovation <span class="dictionary">Index</span>.</p></section></text><history>2020, cc. 1164, 1169.</history><metadata></metadata></law>
