13 C.F.R. Part 119 – Program for Investment in Microentrepreneurs (“PRIME” or “the Act”)

119.1What is the Program for Investment in Microentrepreneurs (PRIME)?

119.2-119.20[Reserved]

119.2Definitions.Repealed

119.3What types of organizations are eligible for PRIME grants?Repealed

119.4What services or activities must PRIME grant funds be used for?Repealed

119.5How are PRIME grant awards allocated?Repealed

119.6What are the minimum and maximum amounts for an award?Repealed

119.7How long and in what amounts will grant funding be available to a single grantee?Repealed

119.8Are there matching requirements for grantees?Repealed

119.9How will a qualified organization apply for PRIME grant awards?Repealed

119.10Will SBA give preferential consideration to other SBA program participants?Repealed

119.11What information will be requested in an application under the PRIME program?Repealed

119.12What criteria will SBA use to evaluate applications for funding under the PRIME program?Repealed

119.13How will an applicant make a subgrant?Repealed

119.14Are there limitations regarding the use of program income?Repealed

119.15If a grantee is unable to spend the entire amount allotted for a single fiscal year, can the funds be carried over to the next year?Repealed

119.16What are the reporting, record keeping, and related requirements for grantees?Repealed

119.17What types of oversight will SBA provide to grantees?Repealed

119.18What are the restrictions against lobbying?Repealed

119.19Is fundraising an allowable expense under the PRIME program?Repealed

119.20Should grantees and subgrantees raise conflict of interest matters with SBA?Repealed