SF 1798 Minnesota Senate · 2025-2026 Regular Session

Neighborhood Development Center grant appropriation

This bill appropriates $2.25 million from the general fund for fiscal year 2026 to the Neighborhood Development Center (NDC) to support small business programs. The funds will directly assist small businesses and entrepreneurs through training, lending, business services, real estate initiatives, and technical assistance - both within Minnesota’s seven-county metro area and outside it. The grant also covers one-on-one entrepreneur support and operations for a cybersecurity center. Unspent funds from the first year may carry over to the second year. This is a one-time appropriation with no further funding authorization.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 24, 2025 Last action Feb 24, 2025
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Total actions
2
Key actions
0
Committee
1
Feb 24, 2025
Committee
Referred to Jobs and Economic Development
upper
Feb 24, 2025
Introduced
Introduction and first reading
upper
1 primary · 3 co-sponsors

Sponsors