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MN HF2254
Bill
Status
Introduced
2/25/2014
Primary Sponsor
Karen Clark
Click for details
AI Summary
- Appropriates $950,000 in fiscal year 2015 from the general fund to the commissioner of employment and economic development for a grant to the Neighborhood Development Center's small business incubator program
- Allocates $400,000 for capital improvements to existing small business incubators
- Allocates $300,000 for technical assistance to business entities operating within small business incubators
- Allocates $250,000 to create and operate a small business incubator revolving fund to assist in acquisition and development of property for additional small business incubators
- Funds are available until expended as a onetime appropriation
Legislative Description
Small business incubators capital improvements provided, neighborhood development center small business incubator revolving fund established, and money appropriated.
Last Action
Author added Allen
3/13/2014
Committee Referrals
Jobs and Economic Development Finance and Policy2/25/2014
Full Bill Text
No bill text available