Minnesota HF2719 appropriates $4,000,000 for Isuroon to support microbusinesses through loans, grants, technical assistance, and a business incubator.

Minnesota HF2719 allocates $4,000,000 from the general fund for Isuroon to aid microbusinesses. The funds will be used to provide loans, grants, technical assistance, and to operate a business incubator program. Priority will be given to businesses owned by women, immigrants, and members of communities of color in Minnesota. Isuroon must submit a report by January 15, 2027, detailing the support provided, including demographic information of recipients and outcomes of the businesses supported.

Minnesota HF2719 appropriates $4,000,000 for Isuroon to support microbusinesses through loans, grants, technical assistance, and a business incubator.

Minnesota HF2719 allocates $4,000,000 from the general fund for Isuroon to aid microbusinesses. The funds will be used to provide loans, grants, technical assistance, and to operate a business incubator program. Priority will be given to businesses owned by women, immigrants, and members of communities of color in Minnesota. Isuroon must submit a report by January 15, 2027, detailing the support provided, including demographic information of recipients and outcomes of the businesses supported.