Investing in Minnesota's Future: A Look at the MinneKIDS Initiative
Discover how Minnesota is investing in its youngest residents through the groundbreaking MinneKIDS initiative. In 2023, Youthprise and partners secured a $500,000 legislative appropriation to explore a statewide Child Savings Account (CSA) program. This visionary project aims to build wealth from birth and expand postsecondary opportunities for all Minnesota children.
Learn about the three pioneering community design sites – Rice County, Hennepin County, and Central Minnesota – that are shaping this innovative program. They're developing community-driven CSA blueprints tailored to local needs, addressing wealth inequality, racial disparities, and fostering financial equity.
The MinneKIDS Statewide Blueprint envisions universal eligibility for approximately 65,000 babies born in Minnesota each year, with automatic enrollment and initial seed deposits. Explore how this program, leveraging MN SAVES-529 Accounts, will lead to stronger families, thriving economies, and brighter futures by increasing postsecondary educational attainment and reducing achievement gaps.