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Senate committee hears $1.5 million request to expand services for Asian Minnesotan entrepreneurs
Summary
Senate File 15-14 would provide $1.5 million in one-time state funding to the Coalition of Asian American Leaders for grants, technical assistance and translation services aimed at Asian Minnesotan entrepreneurs, with committee members asking for details on prior $200,000 appropriation use and the program's reach.
Senate File 15-14, introduced in the Senate Committee on Jobs and Economic Development on Feb. 24, would appropriate $1,500,000 in one-time funding to the Coalition of Asian American Leaders (CAAL) to expand microgrants, training and technical assistance for Asian Minnesotan entrepreneurs.
The bill’s author, identified in the hearing as Senator Pappell, said the funding would scale a program launched last year with a $200,000 state investment and would support “network development and direct financial assistance for Asian Minnesotan women entrepreneurs, and Asian-owned businesses in Minnesota.” Chair Champion presided over the hearing.
Why it matters: Committee members said they support targeted small-business assistance but pressed CAAL staff for detail on…
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