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Startups and researchers ask $5 million for Minnesota SBIR expansion; speakers said prior $1M produced federal wins
2754644 · March 24, 2025
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Summary
Minnesota SBIR leaders and startup founders described how prior state seed funding helped companies win federal research awards and private investment; the sponsor requested $5 million one-time for a commercialization institute, but committee staff flagged budget constraints.
Sen. Champion presented Senate File 2427, a one‑time request for $5 million to expand Minnesota SBIR's commercialization supports. Pat Dillon, president and CEO of Minnesota SBIR, said a prior $1 million appropriation helped catalyze federal awards and commercialization for…
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