Cooperative development grant program establishment

Summary

The bill lets the state’s economic development commissioner set up a grant program for new cooperatives that own or run processing facilities or marketing operations. Eligible cooperatives must be organized under specific cooperative statutes, be controlled by patron members, serve Minnesota patrons, and not give voting rights to non‑patrons. Grants of up to $50,000 are available, but must be matched dollar‑for‑dollar with other funds or in‑kind contributions.

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