Cognetix, Inc., No. 4560 (May 29, 2003)

Docket No. SIZ-2003-04-28-26

UNITED STATES OF AMERICA

SMALL BUSINESS ADMINISTRATION

OFFICE OF HEARINGS AND APPEALS

WASHINGTON, D.C.

 

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SIZE APPEAL OF:

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Docket No. SIZ-2003-04-28- 26

 

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Cognetix, Inc.

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Decided: May 29, 2003

 

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Appellant

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Solicitation No. PHS 2002-2

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National Institutes of Bethesda, Maryland

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APPEARANCES

Michael K. Wyatt, Esq.

Michael J. Vernick, Esq.

For Appellant


Kevin R. Harber, Esq. for the Small Business Administration

DIGEST

The term "individuals" in 13 C.F.R. Section 121.702(a) means only natural persons and does not include venture capital funds, pension funds, and corporate entities for purposes of an SBIR award. Thus, a firm that is otherwise eligible for an SBIR award is disqualified because it is less than 51 percent owned by natural persons.

DECISION

BLAZSIK, Administrative Judge:

Jurisdiction


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