§  27.702   Designated entities.

   (a) Eligibility for small business provisions. (1) An entrepreneur is
   an entity that, together with its controlling interests and affiliates,
   has average gross revenues not exceeding $3 million for the preceding
   three years. This definition applies only with respect to licenses in
   Block C (710-716 MHz and 740-746 MHz) as specified in §  27.5(c)(1).

   (2) A very small business is an entity that, together with its
   controlling interests and affiliates, has average gross revenues not
   exceeding $15 million for the preceding three years.

   (3) A small business is an entity that, together with its controlling
   interests and affiliates, has average gross revenues not exceeding $40
   million for the preceding three years.

   (b) Bidding credits . A winning bidder that qualifies as an
   entrepreneur, as defined in this section, or a consortium of
   entrepreneurs may use the bidding credit specified in
   §  1.2110(f)(2)(i) of this chapter. A winning bidder that qualifies as
   a very small business, as defined in this section, or a consortium of
   very small businesses may use the bidding credit specified in
   §  1.2110(f)(2)(ii) of this chapter. A winning bidder that qualifies as
   a small business, as defined in this section, or a consortium of small
   businesses may use the bidding credit specified in §  1.2110(f)(2)(iii)
   of this chapter.

   [ 67 FR 5512 , Feb. 6, 2002, as amended at  68 FR 43000 , July 21, 2003]

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Subpart I--1.4 GHz Band

   Source:  67 FR 41855 , June 20, 2002, unless otherwise noted.

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