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



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 25USC1521]

 
                            TITLE 25--INDIANS
 
    CHAPTER 17--FINANCING ECONOMIC DEVELOPMENT OF INDIANS AND INDIAN 
                              ORGANIZATIONS
 
                  SUBCHAPTER IV--INDIAN BUSINESS GRANTS
 
Sec. 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, Sec. 401, Apr. 12, 1974, 88 Stat. 82.)



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