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MN SF3738

Bill

Status

Introduced

3/22/2018

Primary Sponsor

John Hoffman

Click for details

Origin

Senate

90th Legislature 2017-2018

AI Summary

  • Appropriates $2,000,000 from the general fund in fiscal year 2019 to the commissioner of employment and economic development for a grant to African Economic Development Solutions (AEDS)
  • $1,500,000 designated for a business revolving loan fund to support new and existing African immigrant entrepreneurs
  • $500,000 designated for technical assistance services including business development, entrepreneur training, business technical assistance, loan packing, and community development services
  • Funds intended to address pervasive economic inequities affecting African immigrant entrepreneurs
  • Appropriation is onetime only

Legislative Description

African Economic Development Solutions (AEDS) grant appropriation

Last Action

Referred to Jobs and Economic Growth Finance and Policy

3/22/2018

Committee Referrals

Jobs and Economic Growth Finance and Policy3/22/2018

Full Bill Text

No bill text available