This bill proposes an appropriation of $2,000,000 from the general fund in fiscal year 2026 to the Minnesota Department of Employment and Economic Development. The funds will be granted to African Economic Development Solutions to support economic development among African immigrant entrepreneurs. Specifically, $1,000,000 will be allocated to a loan fund aimed at addressing economic inequities, and the remaining $1,000,000 will be used for business technical assistance. This is a one-time appropriation with funding available until June 30, 2028.