Introduction and first reading, referred to Workforce, Labor, and Economic Development Finance and Policy
Summary
The bill lets the state commissioner set up a grant program that can award up to $50,000 to eligible cooperatives for feasibility studies, marketing, organizational development, and early design work. To qualify, a cooperative must be organized under Minnesota cooperative statutes, be controlled by its patrons, focus on Minnesota‑produced goods or services, serve Minnesota patrons, and prohibit non‑patron voting rights. Grants must be matched dollar‑for‑dollar with other funds or in‑kind contributions.
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