15 U.S.C. § 9551

Current through P.L. 118-107 (published on www.congress.gov on 11/21/2024)

Section 9551 - Definitions

In this subchapter:

(1) Appropriate congressional committees

The term "appropriate congressional committees" means-

(A) the Committee on Commerce, Science, and Transportation of the Senate; and

(B) the Committee on Financial Services of the House of Representatives.

(2) Eligible entity

The term "eligible entity" means-

(A) a minority-serving institution; or

(B) a consortium of institutions of higher education that is led by a minority-serving institution.

(3) MBDA Rural Business Center

The term "MBDA Rural Business Center" means an MBDA Business Center that provides technical business assistance to minority business enterprises located in rural areas.

(4) MBDA Rural Business Center agreement

The term "MBDA Rural Business Center agreement" means an MBDA Business Center agreement that establishes the terms by which the recipient of the Federal assistance award that is the subject of the agreement shall operate an MBDA Rural Business Center.

(5) Minority-serving institution

The term "minority-serving institution" means an institution described in any of paragraphs (1) through (7) of section 1067q(a) of title 20.

(6) Rural area

The term "rural area" has the meaning given the term in section 1991(a) of title 7.

(7) Rural minority business enterprise

The term "rural minority business enterprise" means a minority business enterprise located in a rural area.

15 U.S.C. § 9551

Pub. L. 117-58, div. K, title III, §1003010301,, 135 Stat. 1458.

MBDA Business Center agreement

The term "MBDA Business Center agreement" means a legal instrument-(A) reflecting a relationship between the Agency and the recipient of a Federal assistance award that is the subject of the instrument; and(B) that establishes the terms by which the recipient described in subparagraph (A) shall operate an MBDA Business Center.

MBDA Business Center

The term "MBDA Business Center" means a business center that-(A) is established by the Agency; and(B) provides technical business assistance to minority business enterprises consistent with the requirements of this chapter.