Minnesota HF1246 appropriates $2,250,000 for a grant to the Neighborhood Development Center to support small businesses.

Minnesota HF1246 allocates $2,250,000 from the general fund for a grant to the Neighborhood Development Center. This funding will support small business programs, including training, lending, business services, and real estate initiatives. The grant can assist organizations outside the seven-county metropolitan area with technical assistance and grants to implement the Center's small business support model. It also provides one-on-one technical assistance for entrepreneurs and supports the operations and marketing of a cybersecurity center.

Minnesota HF1246 appropriates $2,250,000 for a grant to the Neighborhood Development Center to support small businesses.

Minnesota HF1246 allocates $2,250,000 from the general fund for a grant to the Neighborhood Development Center. This funding will support small business programs, including training, lending, business services, and real estate initiatives. The grant can assist organizations outside the seven-county metropolitan area with technical assistance and grants to implement the Center's small business support model. It also provides one-on-one technical assistance for entrepreneurs and supports the operations and marketing of a cybersecurity center.