Small Business Categories As Defined By U.S. Small Business Administration:
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Small Business Concern
Is one that is owned by a U.S. citizen(s) and that falls within the federal government's size standards for small business. The government's small business size standards may be found in the Federal Acquisition Regulation 19.102 and on the government's Web site at www.sba.gov/services/contractingopportunities/sizestandardstopics/index.html. Please go to our Resources page for guidelines.
Minority-Owned Small Business
Is a small business that is at least 51 percent owned, managed and controlled by one or more individual(s) who is African Americans, Hispanic Americans, Native Indian Americans, Asian Indian Americans, Subcontinent-Asian Americans, or Asian Pacific Americans. Acceptable certifications are provided by the National Minority Supplier Development Council, local minority diversity councils and by Federal, State and Local Governments. Please go to our Resources page for guidelines.
Women-Owned Small Business
Is a small business that is at least 51 percent owned by one or more women and whose management and operations are controlled by one or more women. Please go to our Resources page for guidelines.
Small Disadvantaged Business
Is a small business that is at least 51percent owned by an individual(s) who the federal government considers to be a socially and economically disadvantaged, that has its management and daily operation controlled by such an individual(s) and whose owner(s) net worth, excluding equity in the business and primary residence, does not exceed $750,000. Black American's, Hispanic American, Native Americans, Asian- Pacific Americans, Subcontinent-Asian Americans, as well as any others who believe they are socially and economically disadvantaged may qualify. The federal government requires that companies that represent themselves as small disadvantaged business must be certified by the U.S. Small Business Administration (SBA) . Please go to our Resources page for guidelines.
Hub-Zone Small Business
Is a small business whose primary office is located in a Historically Underutilized Business Zone, and 35 percent of whose employees reside in Hub Zone. The federal government requires that companies that represent themselves as a Hub Zone small business must be certified by the SBA. Please go to our Resources page for guidelines.
Veteran-Owned Small Business
Is a small business that is at least 51 percent owned by one or more veterans or, in the case of any publicly owned business, not less than 51 percent of the stock of which is owned by one or more veterans and the management and daily business operations of which are controlled by one or more veterans. Please go to our Resources page for guidelines.
Service-Disabled Veteran-Owned Small Business
Is a small business that is at least 51 percent owned by one or more service-disabled veterans or, in the case of any publicly owned business, not less than 51 percent of the stock of which is owned by one or more service-disabled veterans, and the management and daily business operations of which are controlled by one or
more service-disabled veterans or in the case of a permanent and severe disability, the spouse or permanent caregiver of such veteran. Please go to our Resources page for guidelines.
Please note: If your company is not registered as a small/diverse business - as defined by the federal Small Business Administration (SBA) - on the Central Contractor Registration (CCR) Web site, we recommend you do so.
MINORITY & WOMEN-OWNED BUSINESS DEFINITIONS - OTHER THAN SMALL BUSINESS CATEGORIES:
- For profit enterprise
- Physically located in the USA
- Owned, Operated and Controlled by minority Group Members or Non-minority Women who are US citizens
- Minority Group Members: Asian-Pacific Americans, Asian-Indian, African Americans, Hispanic Americans, and Native Americans
- Ownership must be at least 51 percent
- Must be certified by NMSDC, WBENC, or other generally recognized certifying body
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