HF3272
HealthcareMN grant funding provided, and money appropriated.
Legislative Session 94 (2025-2026)
Related bill: SF3325
AI Generated Summary
Purpose of the Bill
The purpose of this bill is to provide grant funding to HealthcareMN to support programs focused on advancing healthcare innovation, entrepreneurship, and economic development in Minnesota.
Main Provisions
- Funding Allocation: The bill allocates $200,000 for fiscal year 2026 and another $200,000 for fiscal year 2027. These funds are one-time appropriations sourced from the general fund.
- Intended Use of Funds:
- Healthcare Venture Summit: Organize an event aimed at connecting healthcare entrepreneurs, investors, and industry leaders to foster collaboration and attract investment into healthcare innovations.
- Regional Outreach: Expand initiatives to firmly establish the Twin Cities metropolitan area as a prominent hub for healthcare innovation, including enhancing resources and partnerships in the region.
- Mentorship Programs: Create opportunities for healthcare innovators to engage with corporate leaders and successful entrepreneurs, thereby accelerating their growth and market impact.
Relevant Terms
healthcare innovation, entrepreneurship, economic growth, venture summit, mentorship programs, Twin Cities, regional hub
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| April 30, 2025 | House | Action | Introduction and first reading, referred to | Workforce, Labor, and Economic Development Finance and Policy |
Bill information comes from public records published by the Office of the Revisor of Statutes, the Minnesota House and the Minnesota Senate. AI summaries are written by MinneSlate and are not official. MinneSlate is independent and is not affiliated with the State of Minnesota or the Minnesota Legislature.
Progress through the legislative process
In Committee