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MN SF4609

Bill

Status

Introduced

3/7/2024

Primary Sponsor

Grant Hauschild

Click for details

Origin

Senate

93rd Legislature 2023-2024

AI Summary

  • Appropriates $1,000,000 from the general fund in fiscal year 2025 to the commissioner of employment and economic development for a grant to the Entrepreneur Fund
  • Funds will capitalize the Entrepreneur Fund's revolving loan funds to address unmet financing needs in northeast Minnesota
  • Eligible uses include financing for-profit business startups, expansions, and ownership transitions
  • This is designated as a onetime appropriation

Legislative Description

Entrepreneur Fund grant appropriation

Last Action

Author added Gustafson

4/2/2024

Committee Referrals

Jobs and Economic Development3/7/2024

Full Bill Text

No bill text available