U.S Code last checked for updates: Nov 22, 2024
§ 648b.
Grants for SBDCs
(a)
In general
(b)
Allocation
(1)
In general
(2)
Minimum funding
(3)
Types of uses
Of the total amount of the grants awarded by the Administrator under this section—
(A)
not less than 80 percent shall be used for counseling of small business concerns; and
(B)
not more than 20 percent may be used for classes or seminars.
(c)
No non-Federal share required
(d)
Distribution
(e)
Authorization of appropriations
(Pub. L. 111–240, title I, § 1402, Sept. 27, 2010, 124 Stat. 2550.)
cite as: 15 USC 648b