---
kind: "section"
citation: "25 U.S.C. § 1521"
title: "25"
title_heading: "Indians"
number: "1521"
heading: "Indian Business Development Program; establishment; statement of purpose"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/25/1521"
units:
  - "Chapter 17 — Financing Economic Development of Indians and Indian Organizations"
  - "Subchapter IV — Indian Business Grants"
---

# §1521. Indian Business Development Program; establishment; statement of purpose


There is established within the Department of the Interior the [Indian](/usc/25/1452.md?p=b) Business Development Program whose purpose is to stimulate and increase [Indian](/usc/25/1452.md?p=b) entrepreneurship and employment by providing equity capital through nonreimbursable grants made by the [Secretary](/usc/25/1452.md?p=a) of the Interior to [Indians](/usc/25/1452.md?p=b) and [Indian tribes](/usc/25/5130.md?p=2) to establish and expand profit-making [Indian](/usc/25/1452.md?p=b)-owned [economic enterprises](/usc/25/1452.md?p=e) on or near [reservations](/usc/25/1452.md?p=d).


## Source credit

(Pub. L. 93–262, title IV, § 401, Apr. 12, 1974, 88 Stat. 82.)