This bill (S.F. No. 1798) proposes an appropriation of $2,250,000 from Minnesota's general fund for the fiscal year 2026. The funds would be allocated to the commissioner of employment and economic development to provide a grant to the Neighborhood Development Center (NDC). The grant would support small business programs, including training, lending, business services, and real estate initiatives.

Additionally, the funding could be used to assist organizations outside the seven-county metropolitan area with technical assistance and grants to implement NDC’s small business support model, provide one-on-one technical assistance for entrepreneurs, and support the operations and marketing of a cybersecurity center.

The appropriation is a one-time allocation, and any unused funds at the end of the first year would remain available for use in the second year rather than being canceled.