25 USC 5802: Definitions
Result 1 of 1
   
 
25 USC 5802: Definitions Text contains those laws in effect on November 21, 2024
From Title 25-INDIANSCHAPTER 50-NATIVE AMERICAN BUSINESS INCUBATORS PROGRAM
Jump To: Source Credit

§5802. Definitions

In this chapter:

(1) Business incubator

The term "business incubator" means an organization that-

(A) provides physical workspace and facilities resources to startups and established businesses; and

(B) is designed to accelerate the growth and success of businesses through a variety of business support resources and services, including-

(i) access to capital, business education, and counseling;

(ii) networking opportunities;

(iii) mentorship opportunities; and

(iv) other services intended to aid in developing a business.

(2) Eligible applicant

The term "eligible applicant" means an applicant eligible to apply for a grant under section 5803(b) of this title.

(3) Indian tribe

The term "Indian tribe" has the meaning given the term in section 5304 of this title.

(4) Institution of higher education

The term "institution of higher education" has the meaning given the term in section 1001 of title 20.

(5) Native American; Native

The terms "Native American" and "Native" have the meaning given the term "Indian" in section 5304 of this title.

(6) Native business

The term "Native business" means a business concern that is at least 51-percent owned and controlled by 1 or more Native Americans.

(7) Native entrepreneur

The term "Native entrepreneur" means an entrepreneur who is a Native American.

(8) Program

The term "program" means the program established under section 5803(a) of this title.

(9) Reservation

The term "reservation" has the meaning given the term in section 1452 of this title.

(10) Secretary

The term "Secretary" means the Secretary of the Interior.

(11) Tribal college or university

The term "tribal college or university" has the meaning given the term "Tribal College or University" in section 1059c(b) of title 20.

( Pub. L. 116–174, §3, Oct. 20, 2020, 134 Stat. 839 .)