2010 Maine Code
TITLE 5: ADMINISTRATIVE PROCEDURES AND SERVICES
Chapter 383: ECONOMIC AND COMMUNITY DEVELOPMENT
5 §13063-J. Definitions
Part 18-A: ECONOMIC AND COMMUNITY DEVELOPMENT
Subchapter 2: BUSINESS DEVELOPMENT
§13063-J. Definitions
As used in this article, unless the context otherwise indicates, the following terms have the following meanings. [2001, c. 471, Pt. A, §7 (NEW).]
1. Community-based organization. "Community-based organization" means a nonprofit organization that has:
A. A viable plan for providing training and technical assistance to microenterprises; [2001, c. 471, Pt. A, §7 (NEW).]
B. Broad-based community support; [2001, c. 471, Pt. A, §7 (NEW).]
C. An adequate source of operating capital; and [2001, c. 471, Pt. A, §7 (NEW).]
D. A demonstrated need for funding to provide training and technical assistance to microenterprises. [2001, c. 471, Pt. A, §7 (NEW).]
[ 2001, c. 471, Pt. A, §7 (NEW) .]
2. Fund. "Fund" means the Maine Microenterprise Initiative Fund established in section 13063-K.
[ 2001, c. 471, Pt. A, §7 (NEW) .]
3. Microenterprise. "Microenterprise" means a business located in the State that produces goods or provides services and has fewer than 10 full-time equivalent employees.
[ 2001, c. 471, Pt. A, §7 (NEW) .]
SECTION HISTORY
2001, c. 471, §A7 (NEW).
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