Minnesota SF1798 allocates $2,250,000 for a grant to the Neighborhood Development Center to support small business programs.

Minnesota SF1798 provides $2,250,000 from the general fund for a grant to the Neighborhood Development Center. This funding aims to support small business programs, including training, lending, business services, and real estate initiatives. The grant can assist organizations outside the seven-county metropolitan area with technical assistance and grants to implement the Center's small business support model. It also provides one-on-one technical assistance for entrepreneurs and supports the operations and marketing of a cybersecurity center. This is a onetime appropriation.

Minnesota SF1798 allocates $2,250,000 for a grant to the Neighborhood Development Center to support small business programs.

Minnesota SF1798 provides $2,250,000 from the general fund for a grant to the Neighborhood Development Center. This funding aims to support small business programs, including training, lending, business services, and real estate initiatives. The grant can assist organizations outside the seven-county metropolitan area with technical assistance and grants to implement the Center's small business support model. It also provides one-on-one technical assistance for entrepreneurs and supports the operations and marketing of a cybersecurity center. This is a onetime appropriation.