LegalFix
Sign In

§ 120.381 - Eligibility.

Copy with citation
Copy as parenthetical citation

Eligible small businesses. A small business is eligible if it has been detrimentally impacted by the closure (or substantial reduction) of a Department of Defense installation, or the termination (or substantial reduction) of a Department of Defense Program on which the small business was a prime contractor, subcontractor, or supplier at any tier.

Eligible individual. An eligible individual, for purposes of this program, includes the following persons involuntarily separated from their position or voluntarily terminated under a program offering inducements to encourage early retirement:

A member of the Armed Forces of the United States (honorably discharged);

A civilian employee of the Department of Defense; or

An employee of a prime contractor, sub-contractor, or supplier at any tier of a Department of Defense program.

Defense loan and technical assistance (DELTA). The DELTA program provides financial and technical assistance to defense dependent small businesses which have been adversely affected by defense reductions. The goal of the program is to assist these businesses to diversify into the commercial market while remaining part of the defense industrial base. Complete information on eligibility and other rules is available from each SBA district office.

Previous Section
§ 120.380 - Program.
Next Section
§ 120.382 - Repayment ability.