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MN SF3738
Bill
Status
Introduced
3/22/2018
Primary Sponsor
John Hoffman
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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