Minnesota HF4391 provides $2,000,000 in grants for economic development and job retention for small businesses in St. Paul and West St. Paul.
Minnesota HF4391 allocates $2,000,000 in fiscal year 2027 from the general fund for grants to St. Paul and West St. Paul. The funds aim to support economic development and job retention for small businesses employing ten or fewer full-time employees. The grants can be used for technical assistance, establishing revolving loan funds, issuing loans, and providing grants for operating expenses. The funding is available until June 30, 2028.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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