[Code of Federal Regulations]
[Title 13, Volume 1]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 13CFR315.6]

[Page 645]
 
                TITLE 13--BUSINESS CREDIT AND ASSISTANCE
 
CHAPTER III--ECONOMIC DEVELOPMENT ADMINISTRATION, DEPARTMENT OF COMMERCE
 
PART 315_TRADE ADJUSTMENT ASSISTANCE FOR FIRMS--Table of Contents
 
                      Subpart A_General Provisions
 
Sec.  315.6  Firm eligibility for Adjustment Assistance.

    (a) Firms participate in the Trade Adjustment Assistance for Firms 
program in accordance with the following:
    (1) Firms apply for certification through a TAAC by completing a 
petition for certification. The TAAC will assist Firms in completing 
such petitions (at no cost to the Firms);
    (2) Firms certified in accordance with the procedures described in 
Sec. Sec.  315.7 and 315.8 must prepare an Adjustment Proposal for 
Adjustment Assistance from the TAAC, and submit it to EDA for approval; 
and
    (3) EDA determines whether the Adjustment Assistance requested in 
the Adjustment Proposal is eligible based upon the evaluation criteria 
set forth in subpart D of this part. A Certified Firm may submit a 
request to the TAAC for Adjustment Assistance to implement an approved 
Adjustment Proposal.
    (b) For certification, EDA evaluates Firms' petitions strictly on 
the basis of fulfillment of the requirements set forth in Sec.  315.7.
    (c) (1) Firms generally receive Adjustment Assistance over a two-
year (2) period.
    (2) Matching Share requirements are as follows:
    (i) Each Firm must pay at least twenty-five (25) percent of the cost 
of the preparation of its Adjustment Proposal. Each Firm requesting 
$30,000 or less in total Adjustment Assistance in its approved 
Adjustment Proposal must pay at least twenty-five (25) percent of the 
cost of that Adjustment Assistance. Each Firm requesting more than 
$30,000 in total Adjustment Assistance in its approved Adjustment 
Proposal must pay at least fifty (50) percent of the cost of that 
Adjustment Assistance.
    (ii) Organizations representing trade-injured industries must pay at 
least fifty (50) percent of the total cash cost of the Adjustment 
Assistance, in addition to appropriate in-kind contributions.