1.1 A bill for an act
1.2 relating to economic development; appropriating money for a grant to
1.3 HealthcareMN.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. APPROPRIATION.
1.6 (a) $200,000 in fiscal year 2026 and $200,000 in fiscal year 2027 are appropriated from
1.7the general fund to the commissioner of employment and economic development for a grant
1.8to HealthcareMN to support programs that improve healthcare innovation, entrepreneurship,
1.9economic growth, and community impact. These are onetime appropriations.
1.10 (b) Grant proceeds must be used to:
1.11 (1) host a healthcare venture summit to connect entrepreneurs, investors, and industry
1.12leaders and foster collaboration and investment in healthcare innovation;
1.13 (2) expand regional outreach to position the Twin Cities metropolitan area as a leading
1.14hub for healthcare innovation and enhance resources and partnerships across the ecosystem;
1.15and
1.16 (3) establish mentorship programs connecting healthcare innovators with corporate
1.17leaders and successful entrepreneurs to accelerate growth and market impact.
1Section 1.
25-05038 as introduced03/27/25 REVISOR SS/BM
SENATE
STATE OF MINNESOTA
S.F. No. 3325NINETY-FOURTH SESSION
(SENATE AUTHORS: UTKE, Koran and Pratt)
OFFICIAL STATUSD-PGDATE
Introduction and first reading04/07/2025
Referred to Jobs and Economic Development