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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 25 - Indians |
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Chapter VI - Office of the Assistant Secretary, Indian Affairs, Department of the Interior |
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Part 1187 - Indian Business Incubators Program |
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Subpart C - Evaluation and Award of Grant Applications |
§ 1187.20 - How will OIED evaluate each application?
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§ 1187.20 How will OIED evaluate each application?
In evaluating each application, OIED will consider:
(a) The ability of the eligible applicant to:
(1) Operate a business incubator that effectively imparts entrepreneurship and business skills to Native businesses and Native entrepreneurs, as demonstrated by the experience and qualifications of the eligible applicant;
(2) Commence providing services within three months; and
(3) Provide quality incubation services to a significant number of Native businesses and Native entrepreneurs or provide such services at geographically remote locations where quality business guidance and counseling is difficult to obtain;
(b) The experience of the eligible applicant in providing services in Native American communities, including in the one or more reservation communities described in the application;
(c) The proposed location of the business incubator; and
(d) The extent to which a grant award will enable an entity that is already providing business incubation services to appreciably enhance those services.