This bill (S.F. No. 1798) proposes an appropriation of $2,250,000 from Minnesota’s general fund in fiscal year 2026 to the Neighborhood Development Center (NDC). The funds will be allocated through the commissioner of employment and economic development to support various small business programs. These initiatives include training, lending, business services, and real estate projects. Additionally, the funding may also be used to assist organizations outside the seven-county metropolitan area by providing technical assistance and grants to implement elements of NDC's small business support model. The bill also includes funding for one-on-one technical assistance for entrepreneurs and supports the operations and marketing of a cybersecurity center.

This one-time appropriation ensures that any unspent funds from the first year will remain available in the second year instead of being canceled.