7 CFR 4290.10

§ 4290.10 Description of the Rural Business Investment Company Program.

United States · 7 CFR — Agriculture · Status: effective

Cite this

Citation: 7 CFR 4290.10, § 4290.10 Description of the Rural Business Investment Company Program, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/31483
Permanent ID: ys:prov:31483@1
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Full text

The Rural Business Investment Company (“RBIC”) Program is a Developmental Capital program for the purpose of promoting economic development and the creation of wealth and job opportunities in Rural Areas and among individuals living in such Areas. To this end, the Agency will select and license RBIC Applicants that will agree to address the unmet Equity Capital needs of Smaller Enterprises primarily located in Rural Areas.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.