15 U.S.C. § 690h — Operational assistance grants

(a) In general. (1) The Administrator may give grants to Renewable Fuel Capital Investment companies so they can provide operational help to smaller enterprises that the companies or other entities finance or expect to finance. (2) A grant must cover several years, but no more than 10 years, and must follow any other terms the Administrator requires. (3) The grant equals the smaller of: (A) 10 percent of the cash or in-kind resources the company raised under section 690c(d)(2); or (B) $1,000,000. (4) If available money is not enough for those amounts, the Administrator must reduce the amounts payable to each company or entity proportionally. (5) If a conditionally approved company asks for a grant, the Administrator must make it, subject to (B) and (C). A company that gets the grant but never signs a participation agreement for final approval must repay it, subject to controlling Federal law. If it later receives final approval, the Administrator must subtract the earlier grant from its total operational-assistance grant. No company may receive more than $100,000 under this paragraph. (b) Supplemental grants. (1) The Administrator may give additional grants to these companies or other entities authorized by this part, on terms the Administrator requires, to provide more operational help to smaller enterprises. (2) The Administrator may require the recipient to match the supplemental grant with resources other than those supplied by the Administrator. The match must equal the grant. (c) Limitation. Assistance under this section may not pay any Renewable Fuel Capital Investment company’s overhead or general administrative expenses.