This bill, Minnesota Senate File No. 2112, proposes an appropriation of $1,000,000 in fiscal year 2026 and $1,000,000 in fiscal year 2027 from the general fund to the Minnesota Technology Association. The funds are designated for the SciTech internship program, which supports STEM (Science, Technology, Engineering, and Math) internship opportunities for college and graduate students.

The program facilitates paid internships at small for-profit companies in Minnesota with fewer than 250 employees worldwide. The grant provides 50% wage reimbursement to participating employers, capped at $3,000 per intern. Additionally, the program aims to increase participation among women and other underserved populations.

This appropriation is a one-time funding allocation.