§ 1187.3. Who is eligible to receive a grant under the IBIP?
148 words·~1 min read·
/us/cfr/t25/s§ 1187.3·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
To be eligible to receive a grant under the IBIP, an applicant must:
(a)Be able to provide the physical workspace, equipment, and connectivity necessary for Native businesses and Native entrepreneurs to collaborate and conduct business on a local, regional, national, and international level; and
(b)Be one of the following entities:
(1)An Indian Tribe;
(2)A Tribal college or university that will have been operational for not less than one year before receiving a grant under the IBIP;
(3)An institution of higher education that will have been operational for not less than one year before receiving a grant under the IBIP; or
(4)A Tribal or private nonprofit organization that provides business and financial technical assistance and:
(i)Will have been operational for not less than one year before receiving a grant under the IBIP; and
(ii)Commits to serving one or more reservation communities.