Cooperative development grant program established.

This bill creates a new grant program in Minnesota to help finance the creation of cooperatives that process products or market services. To qualify, the cooperatives must be owned and controlled by their members, focus on Minnesota-based activities, and ensure that only members have voting rights. The program can provide grants of up to $50,000 to cover costs such as business planning, facility design, and organizational development. However, any money received through these grants must be matched dollar-for-dollar with other funding or contributions from the cooperative.