The bill appropriates a total of $2,000,000 from the general fund to the Minnesota Technology Association for the fiscal years 2026 and 2027. This funding is designated to support the SciTech internship program, which aims to provide science, technology, engineering, and math (STEM) internship opportunities for college and graduate students. The program specifically targets small, for-profit companies in Minnesota with fewer than 250 employees, offering to reimburse these companies for 50% of the wages paid to interns, up to a maximum of $3,000 per intern.

Additionally, the program emphasizes increasing participation among women and other underserved populations in STEM fields. This initiative is a one-time appropriation, reflecting the state's commitment to enhancing economic development through educational and professional opportunities in technology and related disciplines.