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25 USC § 1521 - Indian Business Development Program; establishment; statement of purpose

---
identifier: "/us/usc/t25/s1521"
source: "usc"
legal_status: "official_prima_facie"
title: "25 USC § 1521 - Indian Business Development Program; establishment; statement of purpose"
title_number: 25
title_name: "INDIANS"
section_number: "1521"
section_name: "Indian Business Development Program; establishment; statement of purpose"
chapter_number: 17
chapter_name: "GENERAL PROVISIONS"
subchapter_number: "IV"
subchapter_name: "INDIAN BUSINESS GRANTS"
positive_law: false
currency: "119-84"
last_updated: "2025-07-14"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 93–262, title IV, § 401, Apr. 12, 1974, 88 Stat. 82.)"
---

# § 1521. Indian Business Development Program; establishment; statement of purpose

There is established within the Department of the Interior the Indian Business Development Program whose purpose is to stimulate and increase Indian entrepreneurship and employment by providing equity capital through nonreimbursable grants made by the Secretary of the Interior to Indians and Indian tribes to establish and expand profit-making Indian-owned economic enterprises on or near reservations.

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**Source Credit**: (Pub. L. 93–262, title IV, § 401, Apr. 12, 1974, 88 Stat. 82.)