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| Qualifications
| Qualified small businesses & nonprofit organizations are defined as: | Group 1 | Group 2 | Group 3 | • A small business with an annual gross income of less than
AND
• Owner(s) with net worth of less than $150,000 and
an annual gross household income of less than
| $45,000
$30,000
| $60,000
$35,000
| $75,000
$40,000
| | • A nonprofit with an annual gross income of less than | $50,000 | $100,000 | $150,000 |
| • Women must have an household net worth of less than $150,000, an annual gross household income of less than $40,000 and complete a trainee application before admission into the trainee program. Household income is defined as income from all parties living in that household. |
Documents may be required to verify net worth and gross income (i.e., tax return, W-2, 1099 or bank statements).
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