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Jobs and Economic Development Committee
Wednesday, March 5, 2025
12:30 PM, 1100 Minnesota Senate Bldg.

Minutes



Present: Senator Bobby Joe Champion, Senator Rich Draheim, Senator Heather Gustafson, Senator Foung Hawj, Senator Karin Housley, Senator Zaynab Mohamed, Senator Carla J. Nelson, Senator Susan Pha, Senator Eric R. Pratt

Absent: No Members Absent

Senator Bobby Joe Champion called the meeting to order at 12:32pm

Call To Order


PROMISE Act Overview:
     
     NDC
     Testifiers:
     Renay Dossman, President & CEO, NDC
     Shahir Ahmed, Vice President of Business Services, NDC


The following individuals testified on PROMISE Act Overview: NDC Testifiers: Renay Dossman, President & CEO, NDC began at 12:36pm and ended at 12:56pm Shahir Ahmed, Vice President of Business Services, NDC began at 12:56pm and ended at 1:13pm

PROMISE Act Overview:
     MEDA
     Testifiers:
     Adrian Ruddock, Vice President of Lending, MEDA


The following individuals testified on PROMISE Act Overview: MEDA Testifiers: Adrian Ruddock, Vice President of Lending, MEDA began at 1:14pm and ended at 1:31pm

PROMISE Act Overview
     Minnesota Initiative Foundations (MIF)
     Testifiers:
     Sarah Linda, Community Revitalization Senior Program Manager, NW MN
     Foundation
     Tony Sertich, President & CEO, Northland Foundation
     Greg Wagner, Director of Business & Economic Development, West Central
     Initiative
     Zach Tabatt, VP for Economic Opportunity, Initiative Foundation (In Person)
     Brian Conzemius, VP CFO, Southern MN Initiative Foundation
     Scott Marquardt, President, SW Initiative Foundation


The following individuals testified on PROMISE Act Overview Minnesota Initiative Foundations (MIF) Testifiers: Zach Tabatt, VP for Economic Opportunity, Initiative Foundation (In Person) began at 1:33pm and ended at 1:38pm Sarah Linda, Community Revitalization Senior Program Manager, NW MN Foundation began at 1:38pm and ended at 1:42pm Tony Sertich, President & CEO, Northland Foundation began at 1:42pm and ended at 1:45pm Greg Wagner, Director of Business & Economic Development, West Central Initiative began at 1:46pm and ended at 1:50pm Scott Marquardt, President, SW Initiative Foundation: began at 1:50pm and ended at 1:53pm Brian Conzemius, VP CFO, Southern MN Initiative Foundation began at 1:53pm and ended at 1:54pm

S.F. 1832: Senator Champion: Biennial budget establishment for the Department of Employment and Economic Development and Explore Minnesota Testifiers: Matt Varilek, Commissioner, DEED.

Senator Champion began at 1:56pm and ended at 1:56pm The following individuals testified on S.F.1832: Matt Varilek, Commissioner, DEED began at 1:56pm and ended at 2:13pm

Senator Gustafson moved that S.F. 1832, be laid over for possible inclusion in the omnibus bill.

The meeting was adjourned at 2:29pm


 
                                                                      
Senator Bobby Joe Champion, Chair
                                                                      
Taylor Tidwell-Bennett, Legislative Assistant