Latino Economic Development Center grant appropriation

This bill appropriates $2 million for fiscal year 2026 and $2 million for fiscal year 2027 from the workforce development fund to the Latino Economic Development Center (LEDC). The funds will support LEDC in providing training, workshops, and one-on-one consultations to help microentrepreneurs start and grow businesses. Specific services include business start-up readiness, career pathway development in trades and tech fields, and support for green lending and manufacturing. The bill directly affects LEDC and the microentrepreneurs it serves, particularly within Minnesota's Latino community.