Title 15 — Commerce and TradeRelease 119-73not60

§6906 Matching Requirements

Title 15 › Chapter 95— MICROENTERPRISE TECHNICAL ASSISTANCE AND CAPACITY BUILDING PROGRAM › § 6906

Last updated Apr 3, 2026|Official source

Summary

Money given under this program must be matched with nonfederal funds at a rate of at least 50 percent for every dollar the Administration provides. Fees, grants, gifts, loan money, and in-kind contributions from public or private sources can count as the match. If an applicant cannot find matching funds, the Administrator can reduce or waive the match. However, no more than 10 percent of the Administration’s total program funds in any fiscal year may be exempted from the matching rule.

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 3, 2026

Release point: 119-73not60