Minnesota SF1521 allocates $6.425 million annually for fiscal years 2026 and 2027 to the small business assistance partnerships program.
Minnesota SF1521 provides $6.425 million annually for fiscal years 2026 and 2027 from the general fund to the commissioner of employment and economic development for the small business assistance partnerships program. The program, established under Minnesota Statutes, section 116J.682, awards grants for two consecutive years, with the first year's grants being awarded in the initial year. The department may use up to five percent of the appropriation for administrative purposes. These appropriations are onetime allocations.
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