The department shall submit an annual report to the Governor and the General Assembly before January first of each year that must include, but is not limited to, the demand for grants and a description of the type of applicants who have sought grants from the Microenterprise Partnership Program, a list of the recipients, the amount of each grant awarded and the intended purpose of each grant, the impact of grants awarded, which may include information from previous years, a number and description of the partnerships between financial institutions and microloan delivery organizations that have resulted from grants made to microloan delivery organizations, and an evaluation of the program's performance based on the purposes of this chapter.
HISTORY: 2014 Act No. 171 (H.3125), Section 1.A, eff January 1, 2014.
Structure South Carolina Code of Laws
Chapter 56 - Microenterprise Development
Section 11-56-10. Short title.
Section 11-56-20. Definitions.
Section 11-56-30. Purpose of chapter.
Section 11-56-40. Microenterprise Partnership Program.
Section 11-56-50. Criteria for awarding grants.
Section 11-56-60. Grant of authorized funds.
Section 11-56-70. Use of grants.
Section 11-56-80. Contracts with statewide microlending support organization.