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13 CFR 124.101

§ 124.101 What are the basic requirements a concern must meet for the 8(a) BD program?

United States · 13 CFR — Business Credit and Assistance · Status: effective

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13 CFR 124.101, § 124.101 What are the basic requirements a concern must meet for the 8(a) BD program?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/52498
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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.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.