The West Virginia Venture Capital provides investment funds to eligible businesses stimulating economic growth and providing or retaining jobs within the state through qualified venture capital companies. Terms and conditions for funding eligibility are dependent on the varying terms of participating venture capital funds.
The West Virginia Loan Insurance Program, provides a loan insurance program in cooperation with third party lenders to assist firms that cannot obtain conventional bank financing. Up to 80% of the loan can be insured for a maximum period of four years.
The West Virginia Direct Loan Program, provides up to 45 percent in financing fixed assets through low-interest, direct loans to businesses expanding or locating in West Virginia. Proceeds from the program may be used for the acquisition of land, buildings and equipment.
This section regulates wells, borings, and underground storage with regards to protecting groundwater resources. The Commissioner of the Department of Health has jurisdiction, and can grant permits for proposed activities, including natural gas exploration and underground storage.
This section regulates activities which can occur on or below the land surface of the area surrounding a wellhead. The purpose of these regulations is to limit well contamination and preserve drinking water safety. The statute discusses the boundaries and designation of a wellhead, and grants authority to the Environmental Quality Council to adopt rules and regulations relevant to wellhead protection.
Well permits are required for the installation of wells in private and public space. Wells are defined as any trest hole, shaft, or soil excavation created by any means including, but not limited to, drilling, coring, boring, washing, driving, digging, or jetting, for purposes including, but not limited to, locating, testing, diverting, artificially recharging, or withdrawing fluids, or for the purpose of underground injection.
It is state policy to manage groundwater and surface water resources from the perspective of aquifers, watersheds, and river basins to achieve protection, preservation, enhancement, and restoration of the state's valuable groundwater and surface water resources. Chapter 103D establishes Watershed Districts across the state to implement watershed management plans. This chapter also provides procedures for construction projects proposed in watershed management districts.
The waters of North Dakota are understood as belonging to the public and may be appropriated for beneficial uses. However, the right to use water in large quantities must be acquired. Entities requiring water for beneficial uses may exercise the right of eminent domain in certain circumstances. The State Water Commission is established to oversee the conservation, management, development, and control of waters and atmospheric resources in North Dakota, and to establish comprehensive state water development programs.