Small business assistance partnership program funding provided.
This bill appropriates $6.4 million for fiscal years 2026 and 2027 to fund Minnesota's Small Business Assistance Partnerships Program under Minnesota Statutes §116J.682. It directly supports small businesses by providing two-year grants through local partnerships, with funding administered by the Department of Employment and Economic Development. The bill specifies that all grants must be awarded in the first year of funding, and up to 5% of the appropriation may cover administrative costs. This is a one-time funding measure, not an ongoing program.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 6, 2025
Last action Mar 27, 2025
Floor votes
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Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
0
Mar 6, 2025
Introduced
Introduction and first reading, referred to Workforce, Labor, and Economic Development Finance and Policy
lower
1 primary · 7 co-sponsors
Sponsors
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