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Title 15 — Commerce and Trade

Part A · Chapter 120 — Minority Business Development

§ 9511. Private sector development

Statutory text

The Under Secretary shall, whenever the Under Secretary determines such action is necessary or appropriate—

(1)

provide Federal assistance to minority business enterprises operating in domestic and foreign markets by making available to those business enterprises, either directly or in cooperation with private sector entities, including community-based organizations and national nonprofit organizations—

(A)

resources relating to management;

(B)

technological and technical assistance;

(C)

financial, legal, and marketing services; and

(D)

services relating to workforce development;

(2)

encourage minority business enterprises to establish joint ventures and projects—

(A)

with other minority business enterprises; or

(B)

in cooperation with public sector entities or private sector entities, including community-based organizations and national nonprofit organizations, to increase the share of any market activity being performed by minority business enterprises; and

(3)

facilitate the efforts of private sector entities and Federal agencies to advance the growth of minority business enterprises.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

  1. Minority Business Development Act of 2021

    Pub. L. 117–58 div. K title I § 100101 · 135 Stat. 429

    Enacted · 15 U.S.C. § 9511

    (Pub. L. 117–58, div. K, title I, § 100101, Nov. 15, 2021, 135 Stat. 1449.)

    Source evidence

    Code source credit
    (Pub. L. 117–58, div. K, title I, § 100101, Nov. 15, 2021, 135 Stat. 1449.)

    Enacted provision · exact public law section
    SEC. 100101. PRIVATE SECTOR DEVELOPMENT.   The Under Secretary shall, whenever the Under Secretary determines such action is necessary or appropriate— (1) provide Federal assistance to minority business enterprises operating in domestic and foreign markets by making available to those business enterprises, either directly or in cooperation with private sector entities, including community-based organizations and national nonprofit organizations— (A) resources relating to management; (B) technological and technical assistance; (C) financial, legal, and marketing services; and (D) services relating to workforce development; (2) encourage minority business enterprises to establish joint ventures and projects— (A) with other minority business enterprises; or (B) in cooperation with public sector entities or private sector entities, including community-based organizations and national nonprofit organizations, to increase the share of any market activity being performed by minority business enterprises; and (3) facilitate the efforts of private sector entities and Federal agencies to advance the growth of minority business enterprises.

1 of 1 references resolved to an enrolled provision

Credits

(Pub. L. 117–58, div. K, title I, § 100101, , 135 Stat. 1449.)

Parsed from the official OLRC USLM XML in data/usc_all/usc15.xml · release point 119-108 · OLRC build 2026-09-09

USLM identifier /us/usc/t15/s9511