Business Class Definitions

1. Black persons having origins in any of the Black African racial groups
2. Hispanic persons of Mexican, Puerto Rican, Dominican, Cuban, Central or South American decent of either Indian or Hispanic origin, regardless of race
3. Asian and Pacific Islander persons having origins in any of the Far East countries, Southeast Asia, the Indian subcontinent or the Pacific Islands
   -or-
4. Native American or Alaskan Native persons having origins in any of the original peoples of North America. African Americans, Hispanic Americans, Asian Pacific Americans, and Subcontinent Asian Americans are presumed to qualify

Other individuals can qualify if they show a "preponderance of the evidence" that they are disadvantaged.  Individuals must have a net worth of less than $750,000, excluding the value of the business and personal residence.

1. A qualified census tract (as defined in section 42(d)(5)(C)(i)(I) of the Internal Revenue Code of 1986)
2. A qualified "non-metropolitan county" (as defined in section 143(k)(2)(B) of the Internal Revenue Code of 1986) with a median household income of less than 80 percent of the state median household income, or with an unemployment rate of not less than 140 percent of the statewide average, based on U.S. Department of Labor recent data
3. Lands within the boundaries of federally recognized Native American reservations