Bill > HF1274

This bill provides a one-time appropriation of $4,000,000 from the Minnesota state general fund to the commissioner of employment and economic development for the creation of an Innovation Hub in the city of Shakopee. The funding will be used to design, construct, furnish, and equip a facility that will serve as a regional workforce training and entrepreneur incubator. The appropriation is available until the project is completed or abandoned, in accordance with state financial regulations. The bill specifies that the funding is for fiscal year 2025 and will become effective the day after it is finally enacted. The Innovation Hub is intended to support local economic development by providing a space for workforce training and supporting entrepreneurial efforts in the Shakopee region.

Budget and Finance, Labor and Employment

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF1274&ssn=0&y=2025