§13063-J. Definitions
As used in this article, unless the context otherwise indicates, the following terms have the following meanings.
[PL 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;
[PL 2001, c. 471, Pt. A, §7 (NEW).]
B.
Broad-based community support;
[PL 2001, c. 471, Pt. A, §7 (NEW).]
C.
An adequate source of operating capital; and
[PL 2001, c. 471, Pt. A, §7 (NEW).]
D.
A demonstrated need for funding to provide training and technical assistance to microenterprises.
[PL 2001, c. 471, Pt. A, §7 (NEW).]
[PL 2001, c. 471, Pt. A, §7 (NEW).]
2.
Fund.
"Fund" means the Maine Microenterprise Initiative Fund established in section 13063‑K.
[PL 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.
[PL 2001, c. 471, Pt. A, §7 (NEW).]
SECTION HISTORY
PL 2001, c. 471, §A7 (NEW).