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Information on Minnesota State Agencies, Boards, Task Forces, and Commissions
Compiled by the Minnesota Legislative Reference Library
Active dates:2019 -
Launch Minnesota is established within the Business and Community Development Division of the Department of Employment and Economic Development (DEED) to encourage and support the development of new private sector technologies and support the science and technology policies under Minnesota Statutes 3.222. Launch Minnesota must provide entrepreneurs and emerging technology-based companies business development assistance and financial assistance to spur growth.
In announcing the creation of Launch Minnesota, DEED stated on their website that the "program concept grew out of a collaboration between DEED and the Minnesota Legislature – with legislators on both sides of the aisle making meaningful contributions. It is a joint initiative with private businesses and nonprofit organizations statewide... Launch Minnesota will provide financial incentives, training, and grants to people starting companies in technology sectors such as aerospace, agricultural processing, nanotechnology and medical devices. The program has an annual budget of $2.5 million."
The law establishing Launch Minnesota expires on January 1, 2024.
Executive director: Neela Mollgaard (August 26, 2019 - )
Record last updated:
Additional print information on this group may be available in the
Library's collection of agency notebooks. Please contact a librarian for
assistance. The Minnesota Agencies database is a work in progress.