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MN SF4402

Bill

Status

Introduced

3/31/2022

Primary Sponsor

Julia Coleman

Click for details

Origin

Senate

92nd Legislature 2021-2022

AI Summary

  • $600,000 appropriated 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 support moving scientific excellence and technological innovation from laboratory to market for startups and small businesses by securing federal research and development funding

  • Money must strengthen the role of small business in meeting federal research and development needs and increase commercial application of federally supported research results

  • Funds must 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. appropriation for small business research and development support

Last Action

Referred to Jobs and Economic Growth Finance and Policy

3/31/2022

Committee Referrals

Jobs and Economic Growth Finance and Policy3/31/2022

Full Bill Text

No bill text available