§22.229. Designated entities.
47 C.F.R. § 22.229
Eligibility for small business provisions.
A very small business is an entity that, together with its controlling interests and affiliates, has average annual gross revenues not exceeding $3 million for the preceding three years.
A small business is an entity that, together with its controlling interests and affiliates, has average annual gross revenues not exceeding $15 million for the preceding three years.
An entrepreneur is an entity that, together with its controlling interests and affiliates, has average annual gross revenues not exceeding $40 million for the preceding three years.
Bidding credits. A winning bidder that qualifies as a very small business, as defined in this section, or a consortium of very small businesses may use the bidding credit specified in § 1.2110(f)(2)(i) of this chapter. A winning bidder that qualifies as a small business, as defined in this section, or a consortium of small businesses may use the bidding credit specified in § 1.2110(f)(2)(ii) of this chapter. A winning bidder that qualifies as an entrepreneur, as defined in this section, or a consortium of entrepreneurs may use the bidding credit specified in § 1.2110(f)(2)(iii) of this chapter.
Notes, amendments, and revision history
Amendments
[67 FR 11434, Mar. 14, 2002, as amended at 68 FR 42998, July 21, 2003]
Source
Source: 62 FR 11629, Mar. 12, 1997, unless otherwise noted.
Authority
Authority: 47 U.S.C. 154, 222, 303, 309, and 332.
Source
Source: 59 FR 59507, Nov. 17, 1994, unless otherwise noted.
Amendments
[67 FR 11434, Mar. 14, 2002, as amended at 68 FR 42998, July 21, 2003]