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95-592 - Small Enterprise Growth Board
2001-2002 Regulatory Agenda

UMBRELLA UNIT NUMBER: 94-457
AGENCY NAME: Small Enterprise Growth Board

CONTACT PERSON: Elizabeth L. Bordowitz, Counsel, c/o Finance Authority of Maine, 5 Community Drive, PO Box 949, Augusta, Maine 04332-0949. Tel: (207) 623-3263.

EMERGENCY RULES ADOPTED SINCE LAST REGULATORY AGENDA: None

EXPECTED FY 2001 - 2002 RULE-MAKING ACTIVITY:

CHAPTER 701: Small Enterprise Growth Board.
STATUTORY AUTHORITY: 10 M.R.S.A. 385.
PURPOSE: Establish the procedures and standards applicable to the Small Enterprise Growth Program, a statewide program that provides funding of up to $500,000 to eligible small businesses demonstrating potential for high growth and significant public benefit; and to implement enhancements to the Small Enterprise Growth Program.
ANTICIPATED SCHEDULE: Approval for Rulemaking by Board: April 2002; Public Hearing: May 2002; Adoption Date: June 2002.
AFFECTED PARTIES: Small businesses demonstrating the potential for strong growth and public benefit will benefit from the Program.
CONSENSUS-BASED RULE DEVELOPMENT: The Board does not intend to employ consensus-based rule development.


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