§ 119.4 - What services or activities must PRIME grant funds be used for?

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A recipient of a PRIME grant (“grantee”) must use PRIME grants to—

Provide training and technical assistance to disadvantaged microentrepreneurs (“Technical Assistance Grant”);

Provide training and capacity building services to microenterprise development organizations and programs to assist them to develop microenterprise training and services (“Capacity Building Grant”);

Aid in researching and developing the best practices in the field of microenterprise development and technical assistance programs for disadvantaged microentrepreneurs (“Research and Development Grant”); or

Conduct such other activities as the Administrator or designee determines to be consistent with the purposes of the Act (“Discretionary Grant”).