1.1 A bill for an act
1.2 relating to economic development; appropriating money for small business growth
1.3 acceleration; requiring a report.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. APPROPRIATION; MADE IN MINNESOTA PROGRAM.
1.6 $1,000,000 in fiscal year 2026 and $1,000,000 in fiscal year 2027 are appropriated from
1.7the general fund to the commissioner of employment and economic development for a grant
1.8to Enterprise Minnesota, Inc., to directly invest in Minnesota manufacturers under the Made
1.9in Minnesota program under Minnesota Statutes, section 116O.115.
1.10 Sec. 2. APPROPRIATION; ENTERPRISE MINNESOTA, INC.
1.11 (a) $1,000,000 in fiscal year 2026 and $1,000,000 in fiscal year 2027 are appropriated
1.12from the general fund to the commissioner of employment and economic development for
1.13a grant to Enterprise Minnesota, Inc., to reach and deliver talent, leadership, employee
1.14retention, continuous improvement, strategy, quality management systems, revenue growth,
1.15and manufacturing peer-to-peer advisory services to small manufacturing companies
1.16employing 250 or fewer full-time equivalent employees.
1.17 (b) No later than February 1, 2026, and February 1, 2027, Enterprise Minnesota, Inc.,
1.18must provide a report to the chairs and ranking minority members of the legislative
1.19committees with jurisdiction over economic development that includes:
1.20 (1) the amount of money awarded during the past 12 months;
1Sec. 2.
25-01763 as introduced12/27/24 REVISOR SS/CH
SENATE
STATE OF MINNESOTA
S.F. No. 1453NINETY-FOURTH SESSION
(SENATE AUTHORS: PUTNAM)
OFFICIAL STATUSD-PGDATE
Introduction and first reading02/17/2025
Referred to Jobs and Economic Development 2.1 (2) the estimated financial impact of the money awarded to each company receiving
2.2service under the program;
2.3 (3) the actual financial impact of the money awarded during the past 24 months; and
2.4 (4) the total amount of federal money leveraged from the Manufacturing Extension
2.5Partnership at the United States Department of Commerce.
2.6 Sec. 3. REVISOR INSTRUCTION.
2.7 The revisor of statutes shall change the term "small business growth acceleration program"
2.8to "Made in Minnesota program" wherever it appears in Minnesota Statutes, section
2.9116O.115.
2Sec. 3.
25-01763 as introduced12/27/24 REVISOR SS/CH