Definitions

In this Act: (1) Administrator The term Administrator means the Administrator of the Small Business Administration. (2) Commission; commodity; commodity pool; commodity trading advisor; future delivery; futures commission merchant The terms Commission, commodity, commodity pool, commodity trading advisor, future delivery, and futures commission merchant have the meanings given those terms in section 1a of the Commodity Exchange Act (7 U.S.C. 1a). (3) Covered commodity The term covered commodity means a commodity that the Administrator, under section 4(b), determines is eligible to be the subject of an agreement entered into under section 4(a). (4) Eligible entity The term eligible entity — (A) means a small business concern; and (B) does not include a small business concern that— (i) is, or is owned or controlled by an entity that is, a financial institution (as defined in section 509 of the Gramm-Leach-Bliley Act (15 U.S.C. 6809)); (ii) is, or is owned or controlled by an entity that is, with respect to any financial activity, subject to the jurisdiction of the Commission under the Commodity Exchange Act (7 U.S.C. 1 et seq.); (iii) is, or is owned or controlled by, an investment adviser (as defined in section 202(a) of the Investment Advisers Act of 1940 (15 U.S.C. 80b–2(a))) that is required to register with the Securities and Exchange Commission under section 203 of that Act (15 U.S.C. 80b–3); (iv) is, or is owned or controlled by, a broker (as defined in section 3(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78c(a))); (v) has been in operation for less than 1 year, as of the date on which the small business concern submits an application under section 3(b); or (vi) the Administrator otherwise determines should be excluded in order— (I) to preserve the integrity of the Program; and (II) to ensure that the focus of the Program remains on small business concerns desiring to participate in the Program to maximize stability with respect to the direct operating costs of those small business concerns. (5) Program The term Program means the Helping Small Businesses Thrive Program established under section 3(a). (6) Resource partners The term resource partners means— (A) small business development centers; (B) women’s business centers described in section 29 of the Small Business Act (15 U.S.C. 656); (C) chapters of the Service Corps of Retired Executives established under section 8(b)(1)(B) of the Small Business Act (15 U.S.C. 637(b)(1)(B)); and (D) Veteran Business Outreach Centers described in section 32 of the Small Business Act (15 U.S.C. 657b). (7) Small business concern; small business development center The terms small business concern and small business development center have the meanings given those terms in section 3 of the Small Business Act (15 U.S.C. 632).