Us Code § 14505 - Entrepreneurship initiative
Full text of Us Code United States Code § 14505 — Entrepreneurship initiative, with citation guidance and answers to common questions.
§ 14505. Entrepreneurship initiative
(a)
(1) a legal service, including aid in preparing a corporate charter, partnership agreement, or basic contract;
(2) a service in support of the protection of intellectual property through a patent, a trademark, or any other means;
(3) a service in support of the acquisition and use of advanced technology, including the use of Internet services and Web-based services; and
(4) consultation on strategic planning, marketing, or advertising.
(b)
(1) to support the advancement of, and provide, entrepreneurial training and education for youths, students, and businesspersons;
(2) to improve access to debt and equity capital by such means as facilitating the establishment of development venture capital funds;
(3) to aid communities in identifying, developing, and implementing development strategies for various sectors of the economy;
(4) to develop a working network of business incubators; and
(5) to support entities that provide business incubator services.
(c)
(1) 50 percent may be provided from amounts appropriated to carry out this section;
(2) in the case of a project to be carried out in a county for which a distressed county designation is in effect under section 14526, 80 percent may be provided from amounts appropriated to carry out this section; or
(3) in the case of a project to be carried out in a county for which an at-risk county designation is in effect under section 14526, 70 percent may be provided from amounts appropriated to carry out this section.
(d)
(e)
(Pub. L. 107–217, Aug. 21, 2002, 116 Stat. 1271; Pub. L. 110–371, §2(e), Oct. 8, 2008, 122 Stat. 4039.)
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 14505(a) | 40 App.:204(a). | Pub. L. 89–4, title II, §204, as added Pub. L. 107–149, §6, Mar. 12, 2002, 116 Stat. 68. |
| 14505(b) | 40 App.:204(b). | |
| 14505(c) | 40 App.:204(d). | |
| 14505(d) | 40 App.:204(c)(1). | |
| 14505(e) | 40 App.:204(c)(2). |
Editorial Notes
Amendments
2008—Subsec. (c). Pub. L. 110–371 added subsec. (c) and struck out heading and text of former subsec. (c). Text read as follows: "Not more than 50 percent (or 80 percent in the case of a project to be carried out in a county for which a distressed county designation is in effect under section 14526 of this title) of the cost of any activity eligible for a grant under this section may be provided from amounts appropriated to carry out this section."
About This Section
40 U.S.C. § 14505 is part of Title 40 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
This section may be cited in legal writing as 40 U.S.C. § 14505. For the most current official text, including any recent amendments, use the official source links below. Do not rely on this page as the sole authority for legal citation or litigation.
How to Read This Statute
Statutes are organized by title, chapter, section, and subsection. Pay attention to words like "shall," "may," "and," and "or," because they determine whether a requirement is mandatory or permissive and whether multiple conditions must all be met. Historical notes and amendments often appear at the end of a section.
Using This Page
This page is intended for research and educational use. Lawyers, students, journalists, and compliance professionals can use it as a starting point, but should always verify the current text through an official government source before relying on it for legal advice, filings, or compliance decisions.