### Question
How does the law define smaller enterprise?


### Answer
Under *15 U.S.C. § 662*, **smaller enterprise** is defined as:

> any small business concern that, together with its affiliates—


(A) has—


(i) a net financial worth of not more than $6,000,000, as of the date on which assistance is provided under this chapter to that business concern

#### Citation:
  - *15 U.S.C. § 662*
  - Heading: **CHAPTER 14B-SMALL BUSINESS INVESTMENT PROGRAM > SUBCHAPTER I-GENERAL PROVISIONS**

