§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).
Maine Legal Code