1.1 	A bill for an act
1.2 	relating to economic development; appropriating money for small business growth 
1.3 	acceleration; requiring a report.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. APPROPRIATION; SMALL BUSINESS GROWTH ACCELERATION 
1.6 	PROGRAM.
 1.7 	$1,000,000 in fiscal year 2024 and $1,000,000 in fiscal year 2025 are appropriated from 
1.8 	the general fund to the commissioner of employment and economic development for a grant 
1.9 	to Enterprise Minnesota, Inc., to directly invest in Minnesota manufacturers for the small 
1.10 	business growth acceleration program under Minnesota Statutes, 116O.115. This is a onetime 
1.11 	appropriation.

1.12 	Sec. 2. APPROPRIATION; ENTERPRISE MINNESOTA, INC.
 1.13 	(a) $1,000,000 in fiscal year 2024 and $1,000,000 in fiscal year 2025 are appropriated 
1.14 	from the general fund to the commissioner of employment and economic development for 
1.15 	a grant to Enterprise Minnesota, Inc., to reach and deliver talent, leadership, employee 
1.16 	retention, continuous improvement, strategy, quality management systems, revenue growth, 
1.17 	and manufacturing peer-to-peer advisory services to small manufacturing companies 
1.18 	employing 35 or fewer full-time equivalent employees.
1.19 	(b) No later than February 1, 2025, and February 1, 2026, Enterprise Minnesota, Inc., 
1.20 	must provide a report to the chairs and ranking minority members of the legislative 
1.21 	committees with jurisdiction over economic development that includes:
2.1 	(1) the funds awarded during the past 12 months;
2.2 	(2) the estimated financial impact of the funds awarded to each company receiving 
2.3 	service under the program;
2.4 	(3) the actual financial impact of funds awarded during the past 24 months; and
2.5 	(4) the total amount of federal funds leveraged from the Manufacturing Extension 
2.6 	Partnership at the United States Department of Commerce.