Purpose of the Bill

The purpose of the bill is to support economic development efforts that enhance long-term economic self-sufficiency within communities in Minnesota, particularly those with significant populations from the African diaspora.

Main Provisions

• The bill allocates $3,000,000 for both fiscal years 2026 and 2027 from the workforce development fund to Youthprise.
• The funds are intended for grants to provide economic development services across Minnesota.
• At least 50% of the grant money must be allocated as subgrants to organizations serving communities located outside of the seven-county metropolitan area in Minnesota.

Significant Changes

• This bill introduces a one-time financial appropriation specifically targeted at fostering economic development in African diaspora communities and ensuring attention to both metropolitan and greater Minnesota areas.

Relevant Terms

• Youthprise
• Economic development
• Workforce development fund
• African diaspora
• Subgrants