Fee Based SBA-Sponsored Activity Law and Legal Definition
According to 13 CFR 106.101 (Title 13 - Business Credit And Assistance; Chapter I - Small Business Administration; Part 106 - Cosponsorships, Fee And Non-Fee Based SBA-Sponsored Activities And Gifts; Subpart A - Scope And Definitions), Fee Based SBA-Sponsored Activity means “an activity, event, project or initiative designed to provide assistance for the benefit of small business, as authorized by section 4(h) of the Small Business Act, at which SBA may charge a Participant Fee. Assistance for purposes of Fee Based SBA-Sponsored Activity does not include grant or any other form of financial assistance. A Fee Based SBA-Sponsored Activity must be planned, conducted, controlled and sponsored solely by SBA.”
