Section 13063-J - DefinitionsAs used in this article, unless the context otherwise indicates, the following terms have the following meanings. [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; [2001, c. 471, Pt. A, §7(NEW).]B. Broad-based community support; [2001, c. 471, Pt. A, §7(NEW).]C. An adequate source of operating capital; and [2001, c. 471, Pt. A, §7(NEW).]D. A demonstrated need for funding to provide training and technical assistance to microenterprises. [2001, c. 471, Pt. A, §7(NEW).] [2001, c. 471, Pt. A, §7(NEW).]
2.Fund. "Fund" means the Maine Microenterprise Initiative Fund established in section 13063-K. [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. [2001, c. 471, Pt. A, §7(NEW).]
2001, c. 471, §A7 (NEW) .