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.
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13 CFR 124.101 : Business Credit And Assistance (Parts 1-100 To Parts 501-599) — (Parts 1-100 To Parts 501-599) — Small Business Administration (Parts 1-100 To Parts 148-199) — 8(A) Business Development/Small Disadvantaged Business Status Determinations (§ 124.1 To § 124.1016) — 8(A) Business Development (§ 124.1 To § 124.704) — Eligibility Requirements For Participation In The 8(A) Business Development Program (§ 124.101 To § 124.112) — What are the basic requirements a concern must meet for the 8(a) BD program?
4 Aug 2016