Bill > SF2336

This bill appropriates $8 million in fiscal year 2026 from the state's general fund to the commissioner of employment and economic development, specifically for a grant to WomenVenture with two primary objectives. First, the grant will support child care providers by offering business training and shared services programs, with the goal of helping new and existing child care businesses in underserved areas become profitable and sustainable. Second, the grant will support business expansion for women food entrepreneurs across Minnesota's food supply chain, providing technical assistance, help with business plans, workforce development, and expansion strategies. The bill allows for flexible use of funds, including leasehold improvements, inventory purchases, equipment, working capital, and debt refinancing. WomenVenture can distribute money as loans, forgivable loans, or grants, with up to 5% of the funds usable for administrative costs. The appropriation is one-time and available until June 30, 2028, with a requirement that WomenVenture submit a comprehensive report by December 15, 2028, detailing the grant's use, including specifics on funding distribution, entrepreneurs assisted, and county-level breakdown of support.

Labor and Employment

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF2336&ssn=0&y=2025