---
kind: "section"
citation: "25 C.F.R. § 1187.41"
title: "25"
number: "1187.41"
heading: "May OIED renew a grant award?"
url: "https://uscodex.org/cfr/25/1187.41"
---

# §1187.41. May OIED renew a grant award?

- (a) OIED may renew a grant award under the IBIP for one additional three-year term. In determining whether to renew a grant award, OIED will consider for the awardee:
  - (1) The results of the annual evaluation of the awardee conducted under [§ 1187.50](/cfr/25/1187.50.md);
  - (2) The performance of the awardee's business incubator, as compared to the performance of other business incubators receiving grants under the IBIP;
  - (3) Whether the awardee continues to be eligible for the IBIP; and
  - (4) The evaluation consideration for initial awards under [§ 1187.20](/cfr/25/1187.20.md).
- (b) Awardees that receive a grant renewal must provide non-Federal contributions in an amount not less than 33 percent of the total amount of the grant. Failure to provide the non-Federal contribution will result in noncompliance and OIED withholding of funds, unless OIED waives the requirement under [§ 1187.43](/cfr/25/1187.43.md).

## Notes

### Authority

Authority: 25 U.S.C. 2, 9; 25 U.S.C. 5801 et seq.

### Source

Source: 86 FR 50257, Sept. 8, 2021, unless otherwise noted.