1.1 	A bill for an act
1.2 	relating to economic development; appropriating money for a grant to the Latino 
1.3 	Economic Development Center.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. APPROPRIATIONS.
 1.6 	(a) $2,000,000 in fiscal year 2024 is appropriated from the general fund to the 
1.7 	commissioner of employment and economic development for a grant to the Latino Economic 
1.8 	Development Center (LEDC). Grant proceeds may be used to assist, support, finance, and 
1.9 	launch micro-entrepreneurs by delivering training, workshops, and one-on-one consultations 
1.10 	to businesses.
1.11 	(b) $2,000,000 in fiscal year 2024 is appropriated from the general fund to the 
1.12 	commissioner of employment and economic development for a grant to the Latino Economic 
1.13 	Development Center to guide prospective entrepreneurs in their start-up process by 
1.14 	introducing them to key business concepts, including business start-up readiness. Grant 
1.15 	proceeds must be used to offer workshops on a variety of topics throughout the year, 
1.16 	including finance, customer service, food-handler training, and food-safety certification. 
1.17 	Grant proceeds may also be used to provide lending to business startups.