1 | 1 | | 1.1 A bill for an act |
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2 | 2 | | 1.2 relating to workforce development; appropriating money for a grant to the Latino |
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3 | 3 | | 1.3 Economic Development Center. |
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4 | 4 | | 1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
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5 | 5 | | 1.5 Section 1. APPROPRIATION. |
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6 | 6 | | 1.6 $2,000,000 in fiscal year 2026 and $2,000,000 in fiscal year 2027 are appropriated from |
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7 | 7 | | 1.7the workforce development fund to the commissioner of employment and economic |
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8 | 8 | | 1.8development for a grant to the Latino Economic Development Center (LEDC). Grant |
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9 | 9 | | 1.9proceeds may be used to assist, support, finance, and launch microentrepreneurs by delivering |
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10 | 10 | | 1.10training, workshops, and one-on-one consultations to businesses as well as capacity building |
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11 | 11 | | 1.11and general operations. Proceeds may also be used to assist prospective entrepreneurs in |
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12 | 12 | | 1.12the start-up process by introducing prospective entrepreneurs to key business concepts, |
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13 | 13 | | 1.13including business start-up readiness and innovating career pathways into trades, green |
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14 | 14 | | 1.14lending, technology, coding, STEM careers, translation services, and manufacturing. |
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15 | 15 | | 1Section 1. |
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16 | 16 | | 25-01762 as introduced01/14/25 REVISOR SS/EN |
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17 | 17 | | SENATE |
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18 | 18 | | STATE OF MINNESOTA |
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19 | 19 | | S.F. No. 922NINETY-FOURTH SESSION |
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20 | 20 | | (SENATE AUTHORS: HAWJ and Putnam) |
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21 | 21 | | OFFICIAL STATUSD-PGDATE |
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22 | 22 | | Introduction and first reading02/03/2025 |
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23 | 23 | | Referred to Jobs and Economic Development |
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