Who is socially disadvantaged?
CFR · 2024-01-01 · US · Title 13
(a) (b) (2) An individual must demonstrate that he or she has held himself or herself out, and is currently identified by others, as a member of a designated group if SBA requires it. (3) The presumption of social disadvantage may be overcome with credible evidence to the contrary. Individuals possessing or knowing of such evidence should submit the information in writing to the Associate Administrator for Business Development (AA/BD) for consideration. (c) (2) Evidence of individual social disadvantage must include the following elements: (i) At least one objective distinguishing feature that has contributed to social disadvantage, such as race, ethnic origin, gender, identifiable disability, long-term residence in an environment isolated from the mainstream of American society, or other similar causes not common to individuals who are not socially disadvantaged; (ii) The individual's social disadvantage must be rooted in treatment which he or she has experienced in American society, not in other countries; (iii) The individual's social disadvantage must be chronic and substantial, not fleeting or insignificant; and (iv) The individual's social disadvantage must have negatively impacted on his or her entry into or advancement in the business world. SBA will consider any relevant evidence in assessing this element, including experiences relating to education, employment and business history (including experiences relating to both the applicant firm and any other previous firm
official document · source cfr-2024 · id 13:§ 124.103