§124.101. What are the basic requirements a concern must meet for the 8(a) BD program?
13 C.F.R. § 124.101
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.
Notes, amendments, and revision history
Amendments
[76 FR 8254, Feb. 11, 2011]
Authority
Authority: 15 U.S.C. 634(b)(6), 636(j), 637(a), 637(d), 644, 42 U.S.C. 9815; and Pub. L. 99-661, 100 Stat. 3816; Sec. 1207, Pub. L. 100-656, 102 Stat. 3853; Pub. L. 101-37, 103 Stat. 70; Pub. L. 101-574, 104 Stat. 2814; Sec. 8021, Pub. L. 108-87, 117 Stat. 1054; and Sec. 330, Pub. L. 116-260.
Source
Source: 63 FR 35739, June 30, 1998, unless otherwise noted.
Amendments
[76 FR 8254, Feb. 11, 2011]