Minnesota HF2920 appropriates $5,000,000 for MNSBIR, Inc. to aid small businesses in securing federal research funding.
Minnesota HF2920 allocates $5,000,000 from the general fund for a grant to MNSBIR, Inc. to support Minnesota small businesses in securing federal research and development funding. The grant aims to facilitate technology transfer and commercialization, collaborate with corporate venture groups, and provide statewide outreach on federal rules. It also seeks to strengthen the role of small businesses in federal research needs, increase commercial applications of federally supported research, and foster workforce development, particularly for small businesses owned by Black, Indigenous, and.
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