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HF 4652

Minnesota House•In House Committee

Summary

HF 4652, “Ignite Businesswomen Investment Group Foundation grants funding provided, and money appropriated”, was introduced in the House on Mar 25, 2026 by Rep. Xp Lee (D). It was referred to Workforce, Labor, and Economic Development Finance and Policy, and last saw action on Mar 25, 2026: Introduction and first reading, referred to Workforce, Labor, and Economic Development Finance and Policy.

Record

Text

HF 4652 has no co-sponsors and has not gone to a roll call.

hf4652/introduced.txt
03/09/26   REVISOR  SS/BH  26-07637
This Document can be made available
in alternative formats upon request  State of Minnesota
  HOUSE OF REPRESENTATIVES
  NINETY-FOURTH SESSION
  H. F. No.  4652
03/25/2026     Authored by Lee, X.,
  The bill was read for the first time and referred to the Committee on Workforce, Labor, and Economic Development Finance and Policy
A bill for an act
relating to economic development; appropriating money for grants to Ignite
Businesswomen Investment Group Foundation.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1. APPROPRIATIONS; IGNITE BUSINESSWOMEN INVESTMENT
GROUP FOUNDATION.
(a) $1,400,000 in fiscal year 2027 is appropriated from the general fund to the
commissioner of employment and economic development for a grant to Ignite
Businesswomen Investment Group Foundation (IBWIG Foundation) to establish a women
entrepreneurs access to capital and business development fund. Money appropriated under
this paragraph may be used to provide working capital, capacity-building grants, and
low-interest loans. IBWIG Foundation must prioritize women entrepreneurs in underserved
and economically disadvantaged communities to conduct the activities under this paragraph.
This is a onetime appropriation.
(b) $250,000 in fiscal year 2027 is appropriated from the general fund to the commissioner
of employment and economic development for a grant to IBWIG Foundation to provide
capacity building and business development support for women entrepreneurs. Money
appropriated under this paragraph must be used to provide:
(1) business planning, leadership development, financial literacy, technology training,
and marketing support; and
(2) grants to community-based organizations specializing in women-focused
entrepreneurship support. This is a onetime appropriation.
Section 1.  1

Ignite Businesswomen Investment Group Foundation grants funding provided, and money appropriated.

Sponsors

Rep. Xp Lee (D) sponsors HF 4652 alone.

Xp Lee

Rep. · D–34B · Sponsor

Committees

HF 4652 went before 1 committee: Workforce, Labor, and Economic Development Finance and Policy.

Workforce, Labor, and Economic Development Finance and Policy
Workforce, Labor, and Economic Development Finance and Policy
Referred to · Mar 25, 2026 · 309 Bills

History

HF 4652 has taken 1 action since Mar 25, 2026.

ChamberAction
Mar 25, 2026
House
Introduction and first reading, referred to Workforce, Labor, and Economic Development Finance and Policy

Votes

HF 4652 has not gone to a roll call.

Source: revisor.mn.gov · legiscan.com