View all text of Chapter 95 [§ 6901 - § 6910]
§ 6901. Definitions
For purposes of this chapter, the following definitions shall apply:
(1) Administration
(2) Administrator
(3) Capacity building services
(4) Collaborative
(5) Disadvantaged entrepreneur
The term “disadvantaged entrepreneur” means a microentrepreneur that is—
(A) a low-income person;
(B) a very low-income person; or
(C) an entrepreneur that lacks adequate access to capital or other resources essential for business success, or is economically disadvantaged, as determined by the Administrator.
(6) Indian tribe
(7) Intermediary
(8) Low-income person
(9) Microentrepreneur
(10) Microenterprise
The term “microenterprise” means a sole proprietorship, partnership, or corporation that—
(A) has fewer than 5 employees; and
(B) generally lacks access to conventional loans, equity, or other banking services.
(11) Microenterprise development organization or program
(12) Training and technical assistance
(13) Very low-income person
(Pub. L. 103–325, title I, § 172, as added Pub. L. 106–102, title VII, § 725, Nov. 12, 1999, 113 Stat. 1472.)