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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 E - Grant Term and Conditions |
§ 1187.42 - What may awardees use grant funds for?
Latest version.
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§ 1187.42 What may awardees use grant funds for?
An awardee may use grant amounts for any or all of the following purposes:
(a) To provide physical workspace and facilities for Native businesses and Native entrepreneurs participating in the business incubator;
(b) To establish partnerships with other institutions and entities to provide comprehensive business incubation services to Native businesses and Native entrepreneurs participating in the business incubator; and
(c) For any other uses typically associated with business incubators that OIED determines to be appropriate and consistent with the purposes of the IBIP.