The SBA published a notice in the Federal Register (Volume 68, No. 107 [June 4, 2003]) that states a proposed change in the ownership eligibility requirements to qualify for an SBIR award.
The summary of the SBA proposal is:
The U.S. Small Business Administration (SBA) proposes to
revise its small business size regulations to allow a small business
that is owned and controlled by another business concern to be eligible
for funding agreements under the SBA's Small Business Innovation
Research (SBIR) Program. The proposed rule does not change the size
standard requiring that an eligible small business concern, with its
affiliates, have no more than 500 employees.
The SBA will accept comments on the proposed changes but they must be submitted on or before July 7, 2003.
The rule proposes to
modify the small business eligibility requirements so that the SBIR
awardee must meet one of the two following additional criteria:
It must be a for-profit business concern that is at least 51% owned and
controlled by one or more individuals who are citizens of, or permanent
resident aliens in, the United States (as the regulations currently
or it must be a for-profit business concern that is 100%
owned and controlled by another for-profit business concern that is
itself at least 51% owned and controlled by one or more individuals who
are citizens of, or permanent resident aliens in, the United States.
Address written comments to:
Gary M. Jackson
Administrator for Size Standards, Office of Size Standards
Washington, DC 20416.
You may submit comments via email to
[email protected], or via facsimile at (202) 205-6390. You may also
submit comments electronically to www.regulations.gov.