- Small Disadvantaged Business Concern: Is a business which is at least 51% owned by one or more socially and economically disadvantaged individual(s). A certification is required from the SBA.
- HUBZone business. SBA’s HUBZone ("Historically Underutilized Business Zone”) Program is designed to promote economic development and employment growth in distressed areas by providing access to more Federal contracting opportunities. Certified small business firms have the opportunity to negotiate contracts and participate in restricted competition limited to HUBZone firms. To determine if your business is located in a HUBZone, or to apply online, go to HUBZone.
- Small Business Concern: I s a domestic firm which is independently owned and operated, not dominant in its field of operation, and can qualify under the size standards of the North American Industry Classification System Codes. A certification is not required from the SBA.
- A woman-owned business is defined as a business that is owned and controlled 51 percent or more by a woman or women. Currently, a woman-owned certification process is not required for Federal contracts. When submitting a proposal, simply self-certify by checking the appropriate box. Learn more at SBA’s Office of Women's Business Ownership (OWBO).
- Veteran-owned business is defined as a business that is owned 51 percent by a veteran(s). There is no veteran-owned certification process to complete; simply self-certify by checking the appropriate box. Learn more at SBA’s Office of Veterans Business Development (OVBD).
- Service-Disabled Veteran-Owned Small Business Concern: Is a small business concern that is at least 51% owned and operated by one or more service-disabled veterans whose management and daily business operations are controlled by service-disabled veterans. SDV are veterans with a disability that is service connected. A certification is not required from the SBA.
- Subcontracting Programs: On prime contracts expected to exceed $650,000 ($1,500,000 for construction), large businesses must submit and comply with subcontracting plans. These plans contain the prime contractor's goals for subcontracting with small, small disadvantaged, and women-owned small businesses.
- Mandatory Source Program: If competitively priced, Federal agencies must purchase goods and services from the following sources before considering open market sources: The National Industries for the Blind and Severely Handicapped, the Federal Prison Industries, and certain items under schedules issued by the U.S. General Services Administration Federal Supply Service, and the Defense Logistics Agency Supply System.
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For additional business information or assistance,
Renee DeSmet (916) 978-5183
April 26, 2012