Definitions

In this Act: (1) Administrator The term Administrator means the Administrator of the Small Business Administration. (2) Board The term Board means the Minority Entrepreneurship Advisory Board established under section 4(a). (3) Historically Black college or university The term historically Black college or university means a part B institution, as that term is defined in section 322 of the Higher Education Act of 1965 (20 U.S.C. 1061). (4) Minority The term minority includes an individual who is— (A) Black or African American; (B) Hispanic or Latino; (C) Native or Indigenous American; (D) Asian; (E) Native Hawaiian or other Pacific Islander; (F) Native Alaskan; or (G) a member of a group that the Minority Business Development Agency of the Department of Commerce determines under part 1400 of title 15, Code of Federal Regulations, as in effect on November 23, 1984, is a socially disadvantaged group eligible to receive assistance. (5) Minority-serving institution The term minority-serving institution means any of the following: (A) A Hispanic-serving institution, as that term is defined in section 502(a) of the Higher Education Act of 1965 (20 U.S.C. 1101a(a)). (B) A Tribal College or University, as that term is defined in section 316(b) of the Higher Education Act of 1965 (20 U.S.C. 1059c(b)). (C) An Alaska Native-serving institution, as that term is defined in section 317(b) of the Higher Education Act of 1965 (20 U.S.C. 1059d(b)). (D) A Native Hawaiian-serving institution, as that term is defined in section 317(b) of the Higher Education Act of 1965 (20 U.S.C. 1059d(b)). (E) A Predominantly Black Institution, as that term is defined in section 318(b) of the Higher Education Act of 1965 (20 U.S.C. 1059e(b)). (F) A Native American-serving, nontribal institution, as that term is defined in section 319(b) of the Higher Education Act of 1965 (20 U.S.C. 1059f(b)). (G) An Asian American and Native American Pacific Islander-serving institution, as that term is defined in section 320(b) of the Higher Education Act of 1965 (20 U.S.C. 1059g(b)). (6) Program The term Program means the grant program established under section 3(a). (7) Small business concern The term small business concern has the meaning given the term in section 3(a) of the Small Business Act (15 U.S.C. 632(a)). (8) Student entrepreneur The term student entrepreneur means a student who is— (A) a minority; (B) enrolled at a minority-serving institution or a historically Black college or university; and (C) seeking to establish or develop a business. (9) Under Secretary The term Under Secretary means the Under Secretary of Commerce for Minority Business Development.