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HF 510

Made in Minnesota program funding provided for small business growth acceleration, report required, and money appropriated.

2025-2026 Regular Session Introduced by Dave Baker and 4 co-sponsors

HF 510 funds and administers Minnesota’s Made in Minnesota program to accelerate growth for small manufacturers, with reporting on outcomes and expenditures.

Author added Zeleznikar
#employmentandeconomicdevelopmentdepartment
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WeVote Research Nonpartisan
Bill Summary · HF 510

Bill Summary: HF 510 (Minnesota Session 2025-2026)

Title

Made in Minnesota program funding provided for small business growth acceleration, report required, and money appropriated.

Purpose and Intent

HF 510 aims to support small business growth and manufacturing by funding and administering Minnesota’s Made in Minnesota program. The bill seeks to provide financial resources, require reporting on program outcomes, and direct appropriations to administer and accelerate growth for small manufacturers and related enterprises within the state.

Key Provisions and Changes

  • Funding and Appropriations

    • Allocates specified state funds to support the Made in Minnesota program.
    • Establishes how funds are to be used to assist small businesses, particularly in manufacturing and related sectors.
    • May include provisions on appropriations for program administration, grants, and outreach activities (exact dollar amounts and distributions would be detailed in the fiscal section of the bill).

  • Program Design and Activities

    • Creates or reiterates a program framework to promote Minnesota-made products.
    • Likely supports initiatives such as grants or loans to small manufacturers, technical assistance, workforce development, marketing, and supply chain improvements.
    • Encourages acceleration of growth for small businesses through targeted supports and services aligned with the state’s manufacturing ecosystem.

  • Reporting and Accountability

    • Requires periodic reporting on program performance, outcomes, and uses of funds.
    • Reports may include metrics such as number of businesses assisted, jobs created or retained, increase in production, and the economic impact of Made in Minnesota activities.
    • Provisions may specify reporting frequency (e.g., annually) and who receives or reviews the reports.

  • Administration and Oversight

    • Defines administrative responsibilities, likely assigning a state department or authority to implement the program (e.g., a workforce, economic development, or business program office).
    • Establishes coordination requirements with existing economic development initiatives and small business assistance programs.
    • May address eligibility criteria, application processes, and qualification standards for businesses seeking support.

Who Would Be Affected

  • Small Businesses and Manufacturers

    • Eligible or potential beneficiaries seeking assistance to grow, scale production, or improve competitiveness in Minnesota-made products.
    • Additional administrative requirements or application steps may apply for grant/loan programs.

  • Minnesota State Agencies

    • Affected agencies would administer the program, monitor funding usage, and fulfill reporting requirements.

  • Job Market and Local Economies

    • Indirect impact through potential job creation, wage growth, and expanded local manufacturing activity.

Procedural and Timeline Aspects

  • Introduction and First Reading

    • Introduced and read for the first time on February 13, 2025.
    • Referred to the joint committee on Workforce, Labor, and Economic Development Finance and Policy.

  • Sponsors

    • Primary and co-sponsors include Natalie Zeleznikar, Liish Kozlowski, Matt Norris, Jon Koznick, and Dave Baker.

  • Next Steps (typical legislative path)

    • Bill would move through committee hearings, potential amendments, and floor votes in the House.
    • If passed, would proceed to the Senate with its own committee process and, if enacted, await the governor’s signature to become law.
    • Implementation would depend on the enacted fiscal provisions and administrative rulemaking, if required.

Summary

HF 510 seeks to fund and operationalize Minnesota’s Made in Minnesota program to accelerate growth for small manufacturers and related businesses. It emphasizes economic development through targeted funding, program administration, and accountability via regular reporting on outcomes and expenditures. The bill is at an early stage, having been introduced and referred to relevant committees, with sponsors focused on workforce, labor, and economic development policy.

Compiled from official sources — confirm details with the bill’s official record.

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