WomenVenture grant funding provided, report required, and money appropriated.
HF 2518 appropriates $8 million from the general fund for WomenVenture to support two specific groups: child care providers (through business training, shared services, and startup materials) and women food entrepreneurs (through business expansion, technical assistance, and supply chain development). The funds can be used for leasehold improvements, equipment, working capital, and other eligible business expenses, with up to 5% allocated for WomenVenture's administrative costs. By December 15, 2028, WomenVenture must report to the legislature on how the funds were distributed, including the number of entrepreneurs assisted, county breakdowns, and details on loans versus grants. This is a one-time appropriation available until June 30, 2028.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 20, 2025
Last action Apr 1, 2025
Floor votes
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Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
0
Mar 20, 2025
Introduced
Introduction and first reading, referred to Workforce, Labor, and Economic Development Finance and Policy
lower
1 primary · 6 co-sponsors
Sponsors
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