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Current as of January 01, 2023 | Updated by FindLaw Staff
Subdivision 1. Terms. For the purposes of this chapter, the following terms have the meaning given them.
Subd. 2. Board. “Board” means the Minnesota emerging entrepreneur program.
Subd. 3. Commissioner. “Commissioner” means the commissioner of employment and economic development.
Subd. 3a.Department. “Department” means the Department of Employment and Economic Development.
Subd. 4. Low-income area. “Low-income area” means:
(1) Minneapolis, St. Paul;
(2) those cities in the metropolitan area as defined in section 473.121, subdivision 2, that have a median income for a family of four that is below 80 percent of the median income for a four-person family as of the latest report by the United States Census Bureau; and
(3) the area outside the metropolitan area.
Subd. 4a.Low-income person. “Low-income person” means a person who has an annual income, adjusted for family size, of not more than 80 percent of the area median family income for the county of residence as of the latest report by the United States Census Bureau.
Subd. 4b.Metropolitan area. “Metropolitan area” has the meaning given in section 473.121, subdivision 2.
Subd. 5. Minority business enterprise. “Minority business enterprise” means a business that is majority owned and operated by persons belonging to a racial or ethnic minority as defined in Code of Federal Regulations, title 49, section 23.5.
Subd. 6.Minority person. “Minority person” means a person belonging to a racial or ethnic minority as defined in Code of Federal Regulations, title 49, section 23.5.
Subd. 7.Program. “Program” means the Minnesota emerging entrepreneur program created by this chapter.
Subd. 8.Veteran. “Veteran” means a veteran as defined in section 197.447.
Subd. 9.Persons with disabilities. “Persons with disabilities” means an individual with a disability, as defined under the Americans with Disabilities Act, United States Code, title 42, section 12102.
Cite this article: FindLaw.com - Minnesota Statutes Economic Development and Planning (Ch. 116J-116O) § 116M.14. Definitions - last updated January 01, 2023 | https://codes.findlaw.com/mn/economic-development-and-planning-ch-116j-116o/mn-st-sect-116m-14/
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