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HF 2327

as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am

KEY: stricken = removed, old language.
underscored = added, new language.

Bill Text Versions

Engrossments
Introduction Posted on 03/23/2007

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
1.5 1.6 1.7 1.8 1.9 1.10 1.11

A bill for an act
relating to economic development; appropriating money for a business incubator
for startup science-based companies.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin APPROPRIATION.
new text end

new text begin $750,000 in fiscal year 2008 and $750,000 in fiscal year 2009 are appropriated from
the general fund to the commissioner of employment and economic development for a
grant to the Science Initiative of Central Minnesota to establish a business incubator for
startup businesses with science-based manufacturing or research emphasis. Funding may
be used for staff to manage and promote the facility, for a physical plant to accommodate
the startup companies, and for operational support.
new text end