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MN HF3063
Bill
Status
3/13/2014
Primary Sponsor
Ben Lien
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AI Summary
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Appropriates $500,000 from the general fund in fiscal year 2015 to the commissioner of employment and economic development for grants to small business development centers under Minnesota Statutes, section 116J.68.
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Permits funds to be used to match federal small business development center (SBDC) program funds under United States Code, title 15, section 648.
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Allows funds to support consulting and technical services or build additional SBDC network capacity to serve entrepreneurs and small businesses.
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Requires the commissioner to allocate funds equally among the nine regional centers and lead center.
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Designates this as a onetime appropriation available until expended.
Legislative Description
Small business development center program funding provided, and money appropriated.
Last Action
Introduction and first reading, referred to Jobs and Economic Development Finance and Policy
3/13/2014