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Maine Revised Statutes Title 5. Administrative Procedures and Services § 13063-J. Definitions

Current as of January 01, 2025 | Updated by Findlaw Staff

As used in this article, unless the context otherwise indicates, the following terms have the following meanings.

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;

B. Broad-based community support;

C. An adequate source of operating capital; and

D. A demonstrated need for funding to provide training and technical assistance to microenterprises.

2. Fund. “Fund” means the Maine Microenterprise Initiative Fund established in section 13063-K.

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.

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Cite this article: FindLaw.com - Maine Revised Statutes Title 5. Administrative Procedures and Services § 13063-J. Definitions - last updated January 01, 2025 | https://codes.findlaw.com/me/title-5-administrative-procedures-and-services/me-rev-st-tit-5-sect-13063-j/

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