US Laws, Codes, Statutes & Cases

620.1000. As used in sections 620.1000 to 620.1007, the following terms mean:

(1) "Department", the Missouri department of economic development;

(2) "Director", the director of the Missouri small business development centers program that is an employee of the host entity and approved by the United States Small Business Administration;

(3) "Fund", the Missouri small business development centers fund that is created in section 620.1001;

(4) "Host entity", the educational institution that is selected by the United States Small Business Administration to host the small business development centers program and to serve as the lead center for the state of Missouri;

(5) "Matching basis", the requirement that at least one matching dollar of cash or at least one dollar in-kind must be expended directly or indirectly for every state dollar;

(6) "Missouri small business development centers program", the small business development centers program for the state of Missouri, including the lead center at the host entity which is selected by the United States Small Business Administration and all of the regional centers;

(7) "Small business", a business that satisfies the eligibility criteria for assistance by the United States Small Business Administration under title 13 of the Code of Federal Regulations, and has its place of business in the state of Missouri or seeks to establish business in Missouri.

(L. 1992 S.B. 661 & 620 § 1)