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MN HF4707

Bill

Status

Introduced

3/30/2022

Primary Sponsor

Erin Koegel

Click for details

Origin

House of Representatives

92nd Legislature 2021-2022

AI Summary

  • Appropriates $600,000 from the general fund in fiscal year 2023 to the Commissioner of Employment and Economic Development for a grant to MNSBIR, Inc., a nonprofit organization
  • Funds must support moving scientific excellence and technological innovation from laboratory research to market for startups and small businesses by securing federal research and development funding
  • Designated funds will strengthen small business participation in meeting federal research and development needs and increase commercial application of federally supported research results
  • Funds will develop and increase the Minnesota workforce, with emphasis on fostering participation by Black, Indigenous, and People of Color and women-owned small businesses
  • This is a onetime appropriation

Legislative Description

MNSBIR, Inc. small business research and development support funding provided, and money appropriated.

Last Action

Introduction and first reading, referred to Workforce and Business Development Finance and Policy

3/30/2022

Committee Referrals

Workforce and Business Development Finance & Policy3/30/2022

Full Bill Text

No bill text available