Sec. 333. Supporting Young Entrepreneurs Program
173 words·~1 min read·
/bill/117/hr/2543/eh/section-333A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 108 of the Riegle Community Development and Regulatory Improvement Act of 1994 ( 12 U.S.C. 4707 ), as amended by section 331(a)(1), is further amended by adding at the end the following: The Fund shall establish a Supporting Young Entrepreneurs Program under which the Fund may provide financial awards to the community development financial institutions that the Fund determines have the best programs to help young entrepreneurs get the start up capital needed to start a small business, with a focus on supporting young women entrepreneurs, entrepreneurs who are Black, Hispanic, Asian or Pacific Islander, and Native American or Native Alaskan and other historically underrepresented groups or first time business owners.
The matching requirement under subsection
(e)shall not apply to awards made under this subsection. In carrying out this subsection, the Fund may use— amounts in the Emergency Capital Investment Fund, but not to exceed $100,000,000 in the aggregate; and such other funds as may be appropriated by Congress to the Fund to carry out the Supporting Young Entrepreneurs Program. .
Connectionstraces to 1
Traces to 1 document
U.S. Code
Citation graph
cites case law
Sec. 333
Supporting Young Entrepreneurs Program
Cites 1Cited by 0 across 0 sources