In a recent meeting of the Minnesota Senate Committee on Jobs and Economic Development, the focus was on the significant impact of workforce development programs and the vital role of community support in fostering entrepreneurship. The discussions highlighted the success of the Hmong American Partnership (HAP), which has been instrumental in helping local businesses thrive and providing essential job training for community members.
One of the standout moments came from a testimony by Mo Chang, the owner of Most Tropical Market and Most Tropical Wholesale. Chang shared his inspiring journey from a refugee to a successful entrepreneur, emphasizing how HAP's support was crucial in expanding his business. With HAP's assistance, he secured a substantial loan that enabled him to open a 28,000 square foot facility, creating over 75 jobs and serving more than 500 businesses. "Without Hmong American Partnership, we would not be here," he stated, underscoring the importance of continued state investment in such organizations.
The committee also discussed the broader implications of workforce development initiatives. HAP reported that program graduates are earning an average wage of $20.25 per hour, a testament to the effectiveness of their training programs. Since July 2023, HAP has supported 850 businesses through various forms of assistance, leveraging over $6 million in private funds and grants, which has resulted in the creation of 47 full-time and 14 part-time jobs.
As the meeting progressed, committee members expressed their commitment to ensuring that funding for these programs continues. They acknowledged the challenges faced by businesses in finding skilled workers and the rising costs that families are experiencing. The discussions emphasized that under-investing in programs that yield tangible results could have detrimental effects on the community's economic health.
The committee's deliberations also touched on the importance of diversifying funding sources for HAP. Currently, about 40% of HAP's revenue comes from social enterprises, while 30% is derived from state grants and the remaining 30% from private funding. This financial strategy aims to create stability and sustainability for the organization, allowing it to better serve the community.
As the meeting concluded, the committee members reiterated their support for HAP and similar organizations, recognizing their unique ability to connect with immigrant and refugee communities. The discussions left a sense of optimism about the future of workforce development in Minnesota, with a clear understanding that continued investment is essential for fostering economic growth and stability in the region.