Recapitalization Grants [Business Credit and Assistance] Law and Legal Definition

According to 13 CFR 307.8 [Title 13 -- Business Credit and Assistance; Chapter III -- Economic Development Administration, Department of Commerce; Part 307 -- Economic Adjustment Assistance Investments; Subpart B -- Special Requirements for Revolving Loan Funds and Use of Grant Funds], Recapitalization Grants are “Investments of additional Grant funds to increase the capital base of an RLF (Revolving Loan Fund).”