MNSBIR, Inc. grant appropriation

This bill appropriates $5 million from the general fund for a one-time grant to MNSBIR, Inc. to support Minnesota small businesses. The funds will help startups and small businesses secure federal research and development funding, with a specific focus on assisting businesses owned by Black, Indigenous, People of Color, and women. Key mechanisms include helping businesses navigate federal grant processes, supporting technology transfer from universities and labs, and providing training on federal requirements. The grant must be used by June 30, 2027, to advance innovation and commercialization of research.