Sec. 4. Supporting Young Entrepreneurs Program
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Section 108 of the Riegle Community Development and Regulatory Improvement Act of 1994 ( 12 U.S.C. 4707 ), as amended by section 2(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. 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. .
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Sec. 4
Supporting Young Entrepreneurs Program
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