Minnesota Senate Bill SF1945 Introduced / Bill

                    1.1	A bill for an act​
1.2 relating to economic development; appropriating money for a grant to the​
1.3 Entrepreneur Fund.​
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:​
1.5 Section 1. APPROPRIATION; ENTREPRENEUR FUND.​
1.6 $1,000,000 in fiscal year 2026 is appropriated from the general fund to the commissioner​
1.7of employment and economic development for a grant to the Entrepreneur Fund to capitalize​
1.8their revolving loan funds to address unmet financing needs in northeast Minnesota of​
1.9for-profit business startups, expansions, and ownership transitions. This is a onetime​
1.10appropriation.​
1​Section 1.​
25-03773 as introduced​02/12/25 REVISOR SS/LJ​
SENATE​
STATE OF MINNESOTA​
S.F. No. 1945​NINETY-FOURTH SESSION​
(SENATE AUTHORS: HAUSCHILD)​
OFFICIAL STATUS​D-PG​DATE​
Introduction and first reading​02/27/2025​
Referred to Jobs and Economic Development​