[Code of Federal Regulations]

[Title 13, Volume 1]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 13CFR124.2]



[Page 363]

 

                TITLE 13--BUSINESS CREDIT AND ASSISTANCE

 

                CHAPTER I--SMALL BUSINESS ADMINISTRATION

 

PART 124_8(a) BUSINESS DEVELOPMENT/SMALL DISADVANTAGED BUSINESS STATUS 

DETERMINATIONS--Table of Contents

 

                   Subpart A_8(a) Business Development

 

Sec. 124.2  What length of time may a business participate in the 8(a) 

BD program?



    A Participant receives a program term of nine years from the date of 

SBA's approval letter certifying the concern's admission to the program. 

The Participant must maintain its program eligibility during its tenure 

in the program and must inform SBA of any changes that would adversely 

affect its program eligibility. A firm that completes its nine year term 

of participation in the 8(a) BD program is deemed to graduate from the 

program. The nine year program term may be shortened only by 

termination, early graduation or voluntary graduation as provided for in 

this subpart.