Guam § 1406 - Grant Program.
Full text of Guam Guam Code Annotated § 1406 — Grant Program., with citation guidance and answers to common questions.
§ 1406. Grant Program.
(a) The Authority and the Guam Economic Development Authority shall jointly develop a grant
program for businesses participating in the "Made in Guam" Business Incubator Program. Grants may be
made available to participating businesses and qualified participants of the “Individuals with Significant
COL 2025-08-27
CH. 1 ANTONIO B. WON PAT INTERNATIONAL AIRPORT AUTHORITY, GUAM
Disabilities Vending Act.” as described in Section 2. Article 7 of Chapter 41, Division 5 of Title 17 Guam
Code Annotated, with the proceeds being used to defray the startup costs of product development,
marketing and sale of the item(s) that meet the definition for products that may display the Guam Product
Seal. The maximum grant award shall not exceed Ten Thousand Dollars ($10,000.00). The terms and
conditions for the grant program shall be developed by the Guam Economic Development Authority, who
shall be responsible for the screening of each business’s grant application, making a determination on the
amount of the grant award, and ensuring the proceeds from each grant are spent in accordance with the
approved terms and conditions. The Guam Economic Development Authority may receive up to five
percent (5%) of the total amount appropriated to fund administrative costs for the grant program. Grant
funds shall come from GEDA’s operating budget and shall not exceed One Hundred Thousand Dollars
($100,000), throughout the inception of this Act.
(b) Twenty Thousand Dollars ($20,000) in grants will be awarded to persons with disabilities.
Frequently Asked Questions About Guam § 1406
What does Guam Code Annotated § 1406 cover?
Section 1406 ("Grant Program.") is part of the Guam Code Annotated, the codified statutory law of Guam. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Guam § 1406?
A common citation format is "Guam Code Annotated § 1406" (Guam). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Guam law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Guam official source linked on this page or consult a licensed Guam attorney.
How does Guam § 1406 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Guam can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Guam.