---
kind: "section"
citation: "47 C.F.R. § 27.702"
title: "47"
number: "27.702"
heading: "Designated entities."
url: "https://uscodex.org/cfr/47/27.702"
---

# §27.702. Designated entities.

- (a) **Eligibility for small business provisions.**
  - (1) An entrepreneur is an entity that, together with its controlling interests and affiliates, has average gross revenues not exceeding $3 million for the preceding three years. This definition applies only with respect to licenses in Block C (710-716 MHz and 740-746 MHz) as specified in [§ 27.5(c)(1)](/cfr/47/27.5.md?p=c-1).
  - (2) A very small business is an entity that, together with its controlling interests and affiliates, has average gross revenues not exceeding $15 million for the preceding three years.
  - (3) A small business is an entity that, together with its controlling interests and affiliates, has average gross revenues not exceeding $40 million for the preceding three years.
- (b) **Bidding credits.** 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)(i)](/cfr/47/1.2110.md?p=f-2-i) of this chapter. 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)(ii)](/cfr/47/1.2110.md?p=f-2-ii) 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)(iii)](/cfr/47/1.2110.md?p=f-2-iii) of this chapter.

## Notes

### Amendments

[67 FR 5512, Feb. 6, 2002, as amended at 68 FR 43000, July 21, 2003]

### Source

Source: 67 FR 5512, Feb. 6, 2002, unless otherwise noted.

### Authority

Authority: 47 U.S.C. 154, 301, 302a, 303, 307, 309, 332, 336, 337, 1403, 1404, 1451, and 1452, unless otherwise noted.

### Source

Source: 62 FR 9658, Mar. 3, 1997, unless otherwise noted.

### Amendments

[67 FR 5512, Feb. 6, 2002, as amended at 68 FR 43000, July 21, 2003]