25 USC 1521: Indian Business Development Program; establishment; statement of purpose
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25 USC 1521: Indian Business Development Program; establishment; statement of purpose Text contains those laws in effect on November 20, 2024
From Title 25-INDIANSCHAPTER 17-FINANCING ECONOMIC DEVELOPMENT OF INDIANS AND INDIAN ORGANIZATIONSSUBCHAPTER IV-INDIAN BUSINESS GRANTS
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§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 .)