Enterprise Growth Board
UMBRELLA-UNIT NUMBER: 95-592
AGENCY NAME: Small Enterprise Growth Board
PERSON: Elizabeth L. Bordowitz, Counsel, c/o Finance Authority of
Maine, 5 Community Drive, PO Box 949, Augusta, Maine 04332-0949. Tel:
RULES ADOPTED SINCE LAST REGULATORY AGENDA: None
FY 2002--2003 RULE-MAKING ACTIVITY:
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 2003;
Public Hearing: May 2003; Adoption Date: June 2003.
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.
of the Secretary of State