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§ 1521. Indian Business Development Program; establishment; statement of purpose

Type Statute
Publication 2024-06-06
State In force
Department United States Congress
Source OLRC
Reform history JSON API
§ 1521. Indian Business Development Program; establishment; statement of purpose

There is established within the Department of the Interior the Indian Business Development Program whose purpose is to stimulate and increase Indian entrepreneurship and employment by providing equity capital through nonreimbursable grants made by the Secretary of the Interior to Indians and Indian tribes to establish and expand profit-making Indian-owned economic enterprises on or near reservations.

(Pub. L. 93–262, title IV, § 401, Apr. 12, 1974, 88 Stat. 82.)

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