Size Classification Certification
For more information about the following definitions, visit the US Small Business Administration (SBA), the National Minority Supplier Development Council (NMSDC), and the Women's Business Enterprise National Council (WBENC).
A small business as defined pursuant to Section 3 of the Small Business Act and relevant regulations promulgated pursuant thereto. Generally, this means a small business concern organized for profit, which is independently owned and operated, is not dominant in the field of operations in which it is bidding, and meets the size standards as prescribed in Government regulations.
A small business concern (a) which is at least 51 percent owned by one or more socially and economically disadvantaged individuals, or in the case of a publicly-owned business, at least 51 percent of that business' stock is owned by one or more socially and economically disadvantaged individuals; and (b) whose management and daily business operations are controlled by one or more of the socially and economically disadvantaged individuals who own it.
A small business concern (a) which is at least 51 percent owned by one or more women, or in the case of a publicly-owned business, at least 51 percent of that business' stock is owned by one or more women; and (b) whose management and daily business operations are controlled by one or more women.
"Veteran-Owned Small Business (VOSB)" is a business not less than 51 percent of which is 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 (b) the management and daily business operations of which are controlled by or more veterans. VETERAN -- The term "veteran" has the meaning defined in 38 U.S.C. 101
This program is based on the geographical area where your business is located and where 35 percent of your employees reside. The company must be small, located in a HUBZone (Historically Underutilized Business Zone), owned and controlled by one or more U.S. citizens, and at least 35 percent of its employees reside in a HUBZone.
A U.S. based business concern (a) which is at least 51 percent owned by minorities, or in the case of any publicly-owned business, at least 51 percent of that business' stock is owned by one or more minorities; and (b) whose management and daily business operations are controlled by one or more of the minority individuals who own it. Minority persons include African-Americans, Hispanics, Asian-Pacific Americans, Asian-Indian Americans, and Native Americans.
A U.S.-based business concern (a) which is at least 51 percent owned by women, or in the case of any publicly-owned business, at least 51 percent of that business' stock is owned by one or more women; and (b) whose management and daily business operations are controlled by one or more of the women who own it.
