Ignite Businesswomen Investment Group Foundation grants funding provided, and money appropriated.
Introduction and first reading, referred to Workforce, Labor, and Economic Development Finance and Policy
Summary
The bill appropriates $1.4 million and $250,000 from the 2027 general fund to the commissioner of employment and economic development for one‑time grants to the Ignite Businesswomen Investment Group Foundation. The funds will support women entrepreneurs, especially those in underserved and economically disadvantaged communities, by providing working capital, low‑interest loans, capacity‑building grants, and business development services such as planning, leadership training, and technology assistance.
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