covered small business concern
Defined in 3 places of the United States Code.
In this paragraph, the term “covered small business concern” means a small business concern that—
(i) was not majority-owned by multiple venture capital operating companies, hedge funds, or private equity firms on the date on which the small business concern submitted an application in response to a solicitation under the SBIR programs; and
(ii) on the date of the award under the SBIR program is majority-owned by multiple venture capital operating companies, hedge funds, or private equity firms.
Source
- 2011–present15 U.S.C. § 638Commerce and Trade · Research and development · under this chapter
The term “covered small business concern” means a business concern that—
(A) with respect to a contract awarded under section 637(a) of this title, is a small business concern eligible to receive contracts under that section;
(B) with respect to a contract awarded under section 637(m) of this title—
(i) is a small business concern owned and controlled by women (as defined in that section); or
(ii) is a small business concern owned and controlled by women (as defined in that section) that is not less than 51 percent owned by 1 or more women who are economically disadvantaged (and such ownership is determined without regard to any community property law);
(C) with respect to a contract awarded under section 644(a) of this title, is a small business concern;
(D) with respect to a contract awarded under section 657a of this title, is a qualified HUBZone small business concern; or
(E) with respect to a contract awarded under section 657f of this title, is a small business concern owned and controlled by service-disabled veterans.
Source
- 2012–present15 U.S.C. § 657sCommerce and Trade · Limitations on subcontracting · in this section
the term "covered small business concern" means a small business concern that has experienced, as a result of COVID–19—
(A) supply chain disruptions, including changes in—
(i) quantity and lead time, including the number of shipments of components and delays in shipments;
(ii) quality, including shortages in supply for quality control reasons; and
(iii) technology, including a compromised payment network;
(B) staffing challenges;
(C) a decrease in gross receipts or customers; or
(D) a closure;
Source
- 2020–present15 U.S.C. § 9002Commerce and Trade · Entrepreneurial development · in this section
The term “covered small business concern” means a small business concern that is subject to the consequences under subparagraph (A)(ii) or (B)(ii) pursuant to a determination by the head of a Federal agency that such small business concern did not meet an increased minimum performance standard that was applicable to such small business concern.
Source
- 2022–present15 U.S.C. § 638Commerce and Trade · Research and development · under this chapter