Application for Program Grants. — Guam Code § 50306
Guam Code § 50306 — Application for Program Grants.. Reproduced from the official Guam Code Annotated, with a citation summary, verification link, and related provisions.
§ 50306. Application for Program Grants.
Applicants who are owners of small businesses shall be eligible for a Twelve Thousand Dollar
($12,000) grant from the Guam Economic Development Authority. The grant shall have the following
limitations:
(a) the grant shall be used to subsidize general operating expenses and provide working capital to
small businesses, including, but not limited to, the payment of rent, employee salaries and benefits,
supplies, and utilities;
(b) the grant is non-renewable; and
(c) the grant will be distributed in three (3) equal payments on the 10th of each month over three
(3) months.
Upon expiration of the grant, the grant recipients have the option of applying for a loan pursuant to § 50307.
No additional documents need to be submitted by grant recipients to receive the Program loans.
Source: official Guam text · Last verified 2026-08-27
At a glance
- Citation: Guam Code Annotated § 50306
- Jurisdiction: Guam
- Code: Guam Code Annotated
- Subject: Application for Program Grants.
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Guam Code Annotated. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Guam attorney.
Common questions
What is the source of Guam Code Annotated § 50306?
The text above is transcribed from the Guam Code Annotated, the codified statutes of Guam. The official publisher link appears under "Verify the text" on this page.
What subject does Guam Code Annotated § 50306 address?
It addresses "Application for Program Grants.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Guam Code Annotated § 50306 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Guam source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Guam law to your facts requires a licensed Guam attorney who can review the specifics.