Entrepreneur Fund grant appropriation

This bill appropriates $1,000,000 from the general fund for a one-time grant to the Entrepreneur Fund to support business financing in northeast Minnesota. It directly affects for-profit business startups, expansions, and ownership transitions in that region by capitalizing the fund's revolving loan program. The key mechanism is providing a dedicated grant to address unmet financing needs through the Entrepreneur Fund's existing loan structure. The funding is specifically for fiscal year 2026 and will not be renewed annually.