15 U.S.C. § 9511 — Private sector development
submitted 5 years ago by Pub. L. 117-58 to r/title-15-COMMERCE-AND-TRADE · 145 words · no verdicts yet
When necessary or appropriate, the Under Secretary may provide services and support to minority business enterprises, encourage their joint ventures, and help public and private entities support their growth.
The Under Secretary* may, whenever the Under Secretary* finds it necessary or appropriate: (1) provide Federal assistance to minority business enterprises in domestic and foreign markets, directly or with private entities such as community organizations and national nonprofits, by making available (A) management resources; (B) technology and technical help; (C) financial, legal, and marketing services; and (D) workforce-development services; (2) encourage minority business enterprises to create joint ventures and projects (A) with other minority business enterprises or (B) with public or private entities, including community organizations and national nonprofits, to increase the share of market activity performed by minority business enterprises; and (3) help private entities and Federal agencies advance minority business enterprises.
The Under Secretary* shall, whenever the Under Secretary* determines such action is necessary or appropriate—
provide Federal assistance to minority business enterprises operating in domestic and foreign markets by making available to those business enterprises, either directly or in cooperation with private sector entities, including community-based organizations and national nonprofit organizations—
resources relating to management;
technological and technical assistance;
financial, legal, and marketing services; and
services relating to workforce development;
encourage minority business enterprises to establish joint ventures and projects—
with other minority business enterprises; or
in cooperation with public sector entities or private sector entities, including community-based organizations and national nonprofit organizations, to increase the share of any market activity being performed by minority business enterprises; and
facilitate the efforts of private sector entities and Federal agencies to advance the growth of minority business enterprises.
Source credit: (Pub. L. 117–58, div. K, title I, § 100101, Nov. 15, 2021, 135 Stat. 1449.)
- 2021Enacted · Pub. L. 117-58 · 135 Stat. 1449
A history note hasn’t been published yet. The record shows enactment by Pub. L. 117-58 on 2021-11-15.
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