Minnesota 2025-2026 Regular Session

Minnesota Senate Bill SF2112

Introduced
3/3/25  

Caption

Minnesota Technology Association grant appropriation

Impact

The funding through SF2112 is aimed at small for-profit companies in Minnesota that have fewer than 250 employees globally. The bill mandates that the grant funds must be utilized to cover 50 percent of the wages paid to interns, with a cap of $3,000 per intern, creating a dual benefit of supporting businesses while providing significant financial assistance to interns. This program may encourage more participation from women and underrepresented groups in STEM careers, aligning with broader state goals of improving diversity and inclusion within technical fields.

Summary

SF2112 proposes the appropriation of $1,000,000 for fiscal years 2026 and 2027 from the Minnesota general fund to support the Minnesota Technology Association's SciTech internship program. This program aims to provide science, technology, engineering, and math (STEM) internship opportunities for college students and recent graduates, particularly targeting those from underserved populations. The initiative is positioned within the larger context of enhancing economic development and job readiness in the STEM fields across Minnesota.

Contention

Notable points of contention may arise around the allocation of state funds and how effectively such programs can bring about lasting change in the workforce. Critics might question whether these appropriations efficiently address the skills gap prevalent in Minnesota's economy. Additionally, the discussion could revolve around the effectiveness of internship programs in securing long-term employment for participants, particularly for those from historically marginalized backgrounds.

Companion Bills

MN HF1957

Similar To Minnesota Technology Association grant funding provided, and money appropriated.

Previously Filed As

MN SF1284

Minnesota Technology Association appropriation

MN HF1107

Minnesota Technology Association grant funding provided, and money appropriated.

MN SF4778

MinnesotaCare public option establishment, MinnesotaCare eligibility and various other provisions, and appropriation

MN SF2431

Council on LGBTQIA Minnesotans establishment and appropriations

MN HF5160

Availability of 2023 appropriation for Asian Economic Development Association grant extended.

MN SF5377

Availability extension of a 2023 appropriation for a grant to the Asian Economic Development Association

MN SF3005

Grant appropriation to the Minnesota Association of Black Lawyers for a pilot program for black Minnesota undergraduates exploring law school and legal careers

MN SF2793

All Square of Minnesota grant appropriation

MN SF2763

Grants appropriation to Minnesota dairy farmers

MN SF616

Minnesota Association of Alternative Programs grant for certain student activities appropriation

Similar Bills

No similar bills found.