Minnesota HF2111 allocates $1,000,000 to support small businesses in greater Minnesota through technical assistance, capacity building, and access to.
Minnesota HF2111 provides $1,000,000 in fiscal year 2026 to the Center for African Immigrants and Refugees Organization (CAIRO) for the Fursad Fund Initiative. This initiative aims to support small businesses outside the seven-county metropolitan area by offering technical assistance, capacity building, and access to capital. Technical assistance includes mentorship, business planning, and financial literacy training, as well as industry-specific workshops. Capacity building involves helping businesses navigate regulatory processes, financial planning, and expanding networking opportunities.
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