13 CFR 130.200 – Eligible entities
The following entities are eligible to operate an SBDC network:
Terms Used In 13 CFR 130.200
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(a) A public or private institution of higher education;
(b) A land-grant college or university;
(c) A college or school of business, engineering, commerce or agriculture;
(d) A community or junior college;
(e) A Women’s Business Center operating pursuant to section 29 of the Small Business Act (15 U.S.C. § 656);
(f) The Commonwealth of the Northern Mariana Islands SBDC must have its principal office located in the Commonwealth of the Northern Mariana Islands (CNMI) and must:
(1) Be a CNMI government or agency;
(2) Be a regional entity;
(3) Be a CNMI-chartered development, credit, or finance corporation;
(4) Be an institution of higher education (including but not limited to any land-grant college or university, any college or school of business, engineering, commerce, or agriculture, community college or junior college);
(5) Be a current SBA Women’s Business Center (WBC); or
(6) Be any entity formed by two or more of the entities in paragraphs (f)(1) through (5) of this section;
(g) Any entity which was operating as a recipient organization as of December 31, 1990; or
(h) Any entity operating continually as a recipient organization on or before December 31, 1990.