StacksVerified U.S. regulatory reference

25 CFR §1187.3

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
To be eligible to receive a grant under the IBIP, an applicant must:
  1. (a)Be able to provide the physical workspace, equipment, and connectivity necessary for Native businesses and Native entrepreneurs to collaborate and conduct business on a local, regional, national, and international level; and
  2. (b)Be one of the following entities:
    1. (1)An Indian Tribe;
    2. (2)A Tribal college or university that will have been operational for not less than one year before receiving a grant under the IBIP;
    3. (3)An institution of higher education that will have been operational for not less than one year before receiving a grant under the IBIP; or
    4. (4)A Tribal or private nonprofit organization that provides business and financial technical assistance and:
      1. (i)Will have been operational for not less than one year before receiving a grant under the IBIP; and
      2. (ii)Commits to serving one or more reservation communities.