Title 15 — Commerce and TradeRelease 119-73
§6906 Matching requirements
Title 15 › Chapter CHAPTER 95— - MICROENTERPRISE TECHNICAL ASSISTANCE AND CAPACITY BUILDING PROGRAM › § 6906
Summary
Financial help from the Administration must be matched with nonfederal funds at least 50 cents for every dollar it gives. Matches can come from fees, grants, gifts, loan funds, or in-kind contributions from public or private sources. If an applicant has severe limits on matching money, the Administrator may reduce or waive the match, but no more than 10 percent of the Administration’s total funds in any fiscal year may be excepted.
Full Legal Text
Title 15, §6906
Commerce and Trade — Source: USLM XML via OLRC
(a)Financial assistance under this chapter shall be matched with funds from sources other than the Federal Government on the basis of not less than 50 percent of each dollar provided by the Administration.
(b)Fees, grants, gifts, funds from loan sources, and in-kind resources of a grant recipient from public or private sources may be used to comply with the matching requirement in subsection (a).
(c)(1)In the case of an applicant for assistance under this chapter with severe constraints on available sources of matching funds, the Administrator may reduce or eliminate the matching requirements of subsection (a).
(2)Not more than 10 percent of the total funds made available from the Administration in any fiscal year to carry out this chapter may be excepted from the matching requirements of subsection (a), as authorized by paragraph (1) of this subsection.
Reference
Citations & Metadata
Citation
15 U.S.C. § 6906
Title 15 — Commerce and Trade
Last Updated
Apr 6, 2026
Release point: 119-73