1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for an entrepreneur innovation 
1.3 	center in the city of Minneapolis.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. NEIGHBORHOOD DEVELOPMENT CENTER.
 1.6 	$4,500,000 in fiscal year 2026 is appropriated from the general fund to the commissioner 
1.7 	of employment and economic development for a grant to the Neighborhood Development 
1.8 	Center to design, construct, furnish, and equip a new entrepreneur innovation center located 
1.9 	in the Lake Street Corridor in the city of Minneapolis. The new building shall include space 
1.10 	for entrepreneurs from low-income communities to develop and operate their businesses, 
1.11 	and may include a technology accelerator, a beauty, health, and wellness incubator with a 
1.12 	small-batch production kitchen, community event and meeting space, a food production 
1.13 	kitchen, and retail space. This appropriation is available until the project is completed or 
1.14 	abandoned, subject to Minnesota Statutes, section 16A.642. This is a onetime appropriation.

1.15 	EFFECTIVE DATE. This section is effective the day following final enactment.