SF 5301
Introduction - 94th Legislature (2025 - 2026)
Posted on 05/17/2026 10:57 a.m.
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A bill for an act
relating to economic development; creating a Minnesota Entrepreneurship Task
Force; requiring a report.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1. new text begin MINNESOTA ENTREPRENEURSHIP TASK FORCE.
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new text begin Subdivision 1. new text end
new text begin Establishment. new text end
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The commissioner of employment and economic
development must establish a Minnesota Entrepreneurship Task Force to assess and make
recommendations to the legislature regarding the successfulness of current programs,
development of new programs, potential permitting and licensing reforms, and barriers to
starting a business in Minnesota discovered by the task force with the goal of making
Minnesota the easiest and most rewarding state in the nation to start, own, and grow a
business.
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new text begin Subd. 2. new text end
new text begin Membership. new text end
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(a) The task force must consist of the commissioner, or a designee,
and the following additional ten members appointed by the commissioner:
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(1) two members with direct experience in entrepreneurship, either as an entrepreneur
or with assisting entrepreneurs in starting a business;
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(2) two members representing small and large business owners, respectively;
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(3) one representative of organized labor;
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(4) one representative of registered apprenticeship programs;
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(5) one representative of grades kindergarten through 12 education;
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(6) one representative of higher education;
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(7) one representative of career and technical education; and
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(8) one representative with expertise in business financing.
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(b) The commissioner of labor and industry, or a designee, must also be a member of
the task force.
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new text begin Subd. 3. new text end
new text begin Administration; terms of membership. new text end
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The commissioner shall convene the
first meeting of the task force by September 15, 2027, and provide staff support to the task
force. Minnesota Statutes, section 15.059, subdivision 6, governs the terms and removal of
members of the advisory task force. Members of the task force serve without compensation
or per diem.
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new text begin Subd. 4. new text end
new text begin Duties. new text end
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(a) At a minimum, the task force shall, in making the findings and
recommendations required for the report in subdivision 5, focus on how best to:
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(1) create robust support systems for small business owners at every stage, from launch
through succession;
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(2) reduce the friction of starting and running a business in Minnesota through streamlined
licensing and permitting and technical assistance;
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(3) provide access to financial capital, mentors, and support systems;
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(4) deliver entrepreneurship education on business practices for students and adults;
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(5) provide apprenticeship supports; and
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(6) address real life barriers to entrepreneurship such as access to health care and child
care.
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(b) Additionally, the task force must analyze and develop recommendations on the
success of current programs, the development of new programs, and permitting and licensing
reforms to address the issues listed in paragraph (a) and any other barriers to starting a
business in Minnesota identified by the task force.
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new text begin Subd. 5. new text end
new text begin Report. new text end
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On or before February 15, 2028, the task force shall submit a report
to the chairs and ranking minority members of the legislative committees and divisions with
jurisdiction over economic development on the findings and recommendations of the task
force.
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new text begin Subd. 6. new text end
new text begin Expiration. new text end
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The task force expires the day after submitting the report under
subdivision 5.
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new text begin EFFECTIVE DATE. new text end
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This section is effective the day following final enactment.
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