This bill, Minnesota Senate File No. 1945, proposes an appropriation of $1,000,000 from the general fund in fiscal year 2026 to the commissioner of employment and economic development. The funds will be granted to the Entrepreneur Fund to support its revolving loan funds. These funds aim to address unmet financing needs for for-profit business startups, expansions, and ownership transitions in northeast Minnesota. This appropriation is specified as a one-time allocation.