### Question
How is the "eligible small business" defined?


### Answer
The term **eligible small business** is defined in *47 U.S.C. § 614* as follows -

> business enterprises engaged in the telecommunications industry that have $50,000,000 or less in annual revenues, on average over the past 3 years prior to submitting the application under this section

#### Citation:
  - *47 U.S.C. § 614*
  - Heading: **CHAPTER 4-RADIO ACT OF 1927 > SUBCHAPTER VI-MISCELLANEOUS PROVISIONS**

