Bill Summary for S 334 (2021-2022)

Summary date: 

Mar 23 2021

Bill Information:

View NCGA Bill Details2021
Senate Bill 334 (Public) Filed Tuesday, March 23, 2021
AN ACT TO APPROPRIATE FUNDS TO THE NATIONAL INSTITUTE OF MINORITY ECONOMIC DEVELOPMENT TO ESTABLISH THE CENTER FOR ENTREPRENEURSHIP.
Intro. by Robinson, deViere.

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Bill summary

Appropriates $2 million for 2021-22 from the General Fund to the National Institute of Minority Economic Development to renovate and reposition an office building that it owns into the Center for Entrepreneurship, which will include affordable small business incubation space paired with skilled business development assistance, coaching, and access to Community Development Financial Institution lending resources. Effective July 1, 2021.

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