; instead, the designation shall expire on the date that is 5 years after the date of the designation; and (B) if the emerging business enterprise exceeds the size limitation described in the criterion under paragraph (2)(A) following designation as an emerging business enterprise, the designation shall expire only if the size is 50 percent or more of the maximum size of a small business concern within that industry category. The rulemaking under this paragraph shall include a procedure for self-certification as an emerging business enterprise, for annual submission of documentation establishing eligibility for designation as an emerging business enterprise, and for periodic audits by the Administrator, or by State or local entities designated by the Administrator, of emerging business enterprises based on such documentation. (2) Criteria for designation The Administrator shall establish criteria for designation of an emerging business enterprise, which shall include the following: (A) Number of employees That the small business concern employs, in the Administrator’s determination a number of employees that is less than the larger of— (i) not more than 10 percent of the number of employees that a small business concern within that industry category may employ, if that small business concern is so classified by reason of a size standard under section 3(a) pertaining to the number of employees of the concern