§ 124.101 What are the basic requirements a concern must meet for the 8(a) BD program?
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Title 13 CFR: Business Credit and Assistance › Chapter I: SMALL BUSINESS ADMINISTRATION › Part 124: 8(a) BUSINESS DEVELOPMENT/SMALL DISADVANTAGED BUSINESS STATUS DETERMINATIONS › Subpart A: 8(a) Business Development › § 124.101: § 124.101 What are the basic requirements a concern must meet for the 8(a) BD program?
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Generally, a concern meets the basic requirements for admission to the 8(a) BD program if it is a small business which is unconditionally owned and controlled by one or more socially and economically disadvantaged individuals who are of good character and citizens of and residing in the United States, and which demonstrates potential for success.
[76 FR 8254, Feb. 11, 2011]
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