Senators Mohamed and Draheim introduced–S.F. No. 2112: A bill for an act relating to economic development; appropriating money for a grant to the Minnesota Technology Association.Referred to the Committee on Jobs and Economic Development.
A bill for an act
relating to economic development; appropriating money for a grant to the Minnesota
Technology Association.BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1. MINNESOTA TECHNOLOGY ASSOCIATION.
$1,000,000 in fiscal year 2026 and $1,000,000 in fiscal year 2027 are appropriated from
the general fund to the commissioner of employment and economic development for a grant
to the Minnesota Technology Association to support the SciTech internship program, a
program that supports science, technology, engineering, and math (STEM) internship
opportunities for two- and four-year college students and graduate students in their fields
of study. The internship opportunities must match students with paid internships within
STEM disciplines at small, for-profit companies located in Minnesota having fewer than
250 employees worldwide. The grant must provide selected hiring companies 50 percent
of the wages paid to the intern, capped at $3,000 per intern. The program must work toward
increasing the participation among women or other underserved populations. This is a
onetime appropriation.