Title 15 › CHAPTER 116 — CORONAVIRUS ECONOMIC STABILIZATION (CARES ACT) › SUBCHAPTER I — KEEPING AMERICAN WORKERS PAID AND EMPLOYED › § 9007
The Minority Business Development Agency can give grants to minority business centers and minority chambers of commerce to teach and advise minority-owned businesses. The Agency is the Minority Business Development Agency. A minority business center is one of the Agency’s business centers. A minority business enterprise is a for-profit business at least 51% owned and run by socially disadvantaged people. A minority chamber of commerce is a chamber set up to help minority businesses. Grants must pay for education, training, and advice on getting federal help and loans, COVID–19 and other disease prevention, how COVID–19 can affect supply chains and sales, telework and remote customer service, cyber risks, and other business practices to reduce COVID–19’s economic harm. No matching funds are required. The Agency and the centers will agree on goals and metrics together, consider local COVID–19 effects (especially in rural or distressed areas), and the Agency will publish how they make those goals. The Agency may waive matching rules for a 3-month period starting March 27, 2020, if centers lost revenue from COVID–19. If a center stops collecting fees from March 27, 2020, to September 30, 2021, it is still compliant if it notifies the Agency and the Agency confirms within 15 days. The Agency must report to Congress within 6 months after March 27, 2020, and every year after, on services provided, how many businesses were helped, problems found, and outcome data. Up to $10,000,000 is authorized to carry out these activities and remains available until spent.
Full Legal Text
Commerce and Trade, Source: USLM XML via OLRC
Reference
Citation
15 U.S.C. § 9007
Title 15, Commerce and Trade
Last Updated
Sep 23, 2026
Release point: 119-110