Maine Revised Statutes Title 5 Sec. 13063-L – Application process
Current as of: 2023 | Check for updates
|
Other versions
1. Process established. The department shall adopt rules establishing an application process for fund grants for the purposes set forth in section 13063?K, subsection 2. In establishing the application process, the department shall consult with business experts involved with microenterprises in the State.
[PL 2001, c. 471, Pt. A, §7 (NEW).]
Terms Used In Maine Revised Statutes Title 5 Sec. 13063-L
- Department: means the Department of Economic and Community Development. See Maine Revised Statutes Title 5 Sec. 13054
- Fund: means the Maine Microenterprise Initiative Fund established in section 13063?K. See Maine Revised Statutes Title 5 Sec. 13063-J
- Microenterprise: means a business located in the State that produces goods or provides services and has fewer than 10 full-time equivalent employees. See Maine Revised Statutes Title 5 Sec. 13063-J
2. Process requirements. The application process must be competitive. An applicant shall specify whether a grant is sought for microenterprise technical assistance or training or a combination thereof. In making grants, the department shall give priority to applications that:
A. Are joint applications by 2 or more community-based organizations or otherwise provide for cooperation among community-based organizations; [PL 2001, c. 471, Pt. A, §7 (NEW).]
B. Target aid to low-income individuals; or [PL 2001, c. 471, Pt. A, §7 (NEW).]
C. Target aid to areas of high unemployment or to underserved areas of the State. [PL 2001, c. 471, Pt. A, §7 (NEW).]
The department may establish additional criteria for assessing applications for fund grants.
[PL 2001, c. 471, Pt. A, §7 (NEW).]
SECTION HISTORY
PL 2001, c. 471, §A7 (NEW).