§ 18238 Microenterprise Assistance Definitions

For the purposes of this article: (a) “Microenterprise” means a small business in which a participant works as his or her own employer. (b) “Microenterprise assistance provider” means a public agency or a nonprofit agency meeting the requirements of Section 501(c)(3) of the federal Internal Revenue Code, that is exempt from taxation under Section 501(a) of the Internal Revenue Code, and that provides self-employment training, technical assistance, and access to microloans to individuals seeking to become self-employed. (Added by Stats. 1997, Ch. 270, Sec. 181. Effective August 11, 1997. Operative January 1, 1998, by Sec. 183 of Ch. 270.)