Minnesota SF5197 appropriates $1,500,000 for a grant to Duluth's Local Initiatives Support Corporation to boost economic development.

Minnesota SF5197 allocates $1,500,000 from the general fund for a one-time grant to the Duluth office of the Local Initiatives Support Corporation. This funding aims to advance equitable economic development in northeast Minnesota by strengthening community-based organizations, enhancing commercial corridor vitality, and expanding access to resources and technical assistance through the Entrepreneurial Ecosystem Network. The grant money can be used for workshops, networking, staff resources, leveraging additional grants, and as lending capital.

Minnesota SF5197 appropriates $1,500,000 for a grant to Duluth's Local Initiatives Support Corporation to boost economic development.

Minnesota SF5197 allocates $1,500,000 from the general fund for a one-time grant to the Duluth office of the Local Initiatives Support Corporation. This funding aims to advance equitable economic development in northeast Minnesota by strengthening community-based organizations, enhancing commercial corridor vitality, and expanding access to resources and technical assistance through the Entrepreneurial Ecosystem Network. The grant money can be used for workshops, networking, staff resources, leveraging additional grants, and as lending capital.