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

---
identifier: "/us/cfr/t13/s124.101"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "13 CFR § 124.101 - What are the basic requirements a concern must meet for the 8(a) BD program?"
title_number: 13
title_name: "Business Credit and Assistance"
section_number: "124.101"
section_name: "What are the basic requirements a concern must meet for the 8(a) BD program?"
chapter_name: "SMALL BUSINESS ADMINISTRATION"
part_number: "124"
part_name: "8(a) BUSINESS DEVELOPMENT/SMALL DISADVANTAGED BUSINESS STATUS DETERMINATIONS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "15 U.S.C. 634(b)(6), 636(j), 637(a), 637(d), 644, 42 U.S.C. 9815; and Pub. L. 99-661, 100 Stat. 3816; Sec. 1207, Pub. L. 100-656, 102 Stat. 3853; Pub. L. 101-37, 103 Stat. 70; Pub. L. 101-574, 104 Stat. 2814; Sec. 8021, Pub. L. 108-87, 117 Stat. 1054; and Sec. 330, Pub. L. 116-260."
regulatory_source: "63 FR 35739, June 30, 1998, unless otherwise noted."
cfr_part: "124"
---

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

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.

[76 FR 8254, Feb. 11, 2011]