Chapter 6 of Title 36 of the Pohnpei State Code - Business Development Act of 1994. Country/Territory Micronesia, Fed. States Territorial subdivision Pohnpei Document type Legislation Date 1994 (2006) Source FAO, FAOLEX Subject Agricultural & rural development Keyword Agricultural development Institution Credit Subsidy/incentive Geographical area Oceania, Small Island Developing States Abstract This Act provides for the development of business in the State of Pohnpei and in particular small- and medium-scale enterprises and “cottage”. For purposes of the Act, the Small Enterprise Development Council, the Pohnpei Entrepreneur Development Centre, an entrepreneur development fund and the Small Business Guarantee and Finance Corporation are created. The Act makes provision for the financing development through loans and provides for various matters relating to the granting of loans to the Full text English Website www.vanuatu.usp.ac.fj