Sec.  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  Sec. 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  Sec. 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  Sec. 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
    Sec. 1.2110(f)(2)(iii) of this chapter.

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

Subpart I—1.4 GHz Band

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