Legislative Session number- 85

Bill Name: SF3109

1E Establishing the rural enterprise microloan program under the commissioner of
employment and economic development (DEED) to provide rural enterprise grants to
nonprofit corporations to encourage private investment, create jobs for persons
in rural areas and promote economic development, specifying eligibility,
providing for revolving loan funds, specifying loan criteria, requiring annual
reports to the commissioner and the legislature; requiring and providing for the
commissioner to establish and implement an office of technology and
commercialization, an office of entrepreneurship and small business development,
an office of business information and professional services and a small business
product development program; creating the main street revitalization grant
program, specifying eligibility and providing for an application process;
establishing the community leadership and planning program; requiring the job
skills partnership program to administer the rural workforce innovation grant
program; creating the rural workforce innovation grant program; appropriating
money to DEED for small business development centers, an entrepreneurial
network, the office of technology and commercialization, manufacturing extension
grants, Minnesota trade office export services, the Minnesota rural enterprise
microloan program, Minnesota initiative foundations, the small business product
development program, the Minnesota investment fund, job skills partnership
grants, community leadership and planning, streamline infrastructure financing,
the main street revitalization grant program, the web-based marketing system,
marketing rural Minnesota and labor market information enhancements
(ra)