Statutes, codes, and regulations
Virginia Administrative Code
Title 7 - ECONOMIC DEVELOPMENTAgency 13 - DEPARTMENT OF SMALL BUSINESS AND SUPPLIER DIVERSITY
Chapter 20 - REGULATIONS TO GOVERN THE CERTIFICATION OF SMALL, WOMEN-OWNED, AND MINORITY-OWNED BUSINESSES
Section 7VAC13-20-50 - Eligible micro business

7 Va. Admin. Code § 13-20-50

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Current through Register Vol. 41, No. 8, December 2, 2024
Section 7VAC13-20-50 - Eligible micro business

A business may be certified as a micro business if it is first certified as a small business pursuant to 7VAC13-20-40 and, together with its affiliates, has 25 or fewer employees and average annual gross receipts of $3 million or less averaged over the previous three years.

7 Va. Admin. Code § 13-20-50

Derived From Virginia Register Volume 32, Issue 25, eff. 8/8/2016.

Statutory Authority: § 2.2-1606 of the Code of Virginia.