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Office of the Revisor of Statutes

SF 3109 Senate Long Description

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
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