25 C.F.R. § 286.4   Eligible economic enterprises.


Title 25 - Indians


Title 25: Indians
PART 286—INDIAN BUSINESS DEVELOPMENT PROGRAM

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§ 286.4   Eligible economic enterprises.

An economic enterprise as defined in §286.1(k) is eligible to receive equity capital through non-reimbursable grants if it is or will be self-sustaining and profit-oriented and will create employment for Indians. In the case of Indian-owned cooperative associations, they must distribute or allocate profits for later distribution, to members who are patrons, unless prohibited from doing so by law.

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