Department of Energy Minority Economic Impact Revitalization Act

[AI summary unavailable — showing source text] Department of Energy Minority Economic Impact Revitalization Act - Title I: Minority Economic Impact Revitalization - Requires the Director of the Office of Minority Economic Impact of the Department of Energy (the Office) to establish a working capital program providing loans and venture capital to minority and women-owned business enterprises to commercialize technologies developed through the Department, provide start-up capital for enterprises in the energy technology fields, and strengthen businesses dealing with the Department. Prescribes the eligibility criteria for such businesses. Requires the Director to select from among bids submitted to the Office an administrative financial institution (AFI) to administer the loan program component. Requires the AFI to establish a loan committee to oversee loan applications. Requires such committee and the Director to jointly establish a scheme for the participation of additional financial institutions. Authorizes a minority business enterprise (MBE) to request the participation of a specific financial institution with which it conducts business. Outlines loan application procedures. Sets a five-year maximum loan term. Authorizes an M…