Economically disadvantaged individual

{
  "id": "MLC-T-ENV-008916",
  "term": "Economically disadvantaged individual",
  "field": "Environment",
  "term_source": "Economically Disadvantaged Individual",
  "definition": "Socially disadvantaged individual whose ability to compete in the free enterprise system is impaired due to diminished capital and credit opportunities, as compared to others in the same business area who are not socially disadvantaged and as further defined by section 8(a)(6) of the Small Business Act (15 U.S.C. 637(a)(6)) and its implementing regulations (13 CFR 124.104). (See also 13 CFR 124.109 for special rules applicable to Indian tribes and Alaska Native Corporations; 13 CFR 124.110 for special rules applicable to Native Hawaiian Organizations). Under EPA’s DBE Program, an individual claiming disadvantaged status must have an initial and continued personal net worth of less than $750,000.",
  "subject": "Biological substances",
  "references": [
    "40 CFR 33.103 (CFR 2018)"
  ],
  "url": "https://mlchart.com/terminology/environment/economically-disadvantaged-individual/"
}