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Small Business Classification Requirements
G. Ebert 2013
Classification Eligibility Requirements
Meets
SmBus
Size
Standard...
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Classifications stat goals 2013 ghe

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Transcript of "Classifications stat goals 2013 ghe"

  1. 1. Small Business Classification Requirements G. Ebert 2013 Classification Eligibility Requirements Meets SmBus Size Standard Certification Statutory Contracting Goals* Prime Contractor Statutory Subcontracting Goals* Small Within NAICS Code size standard as defined by SBA defined by SBA √ Self-Certification 23% Negotiable Small Disadvantaged Business (SDB) 51% owned, controlled and operated by one or more individuals who are both socially and economically disadvantaged, net worth less than $750,000 less equity of business and primary residence √ SBA Certification 5% 5% 8(a) Program Participant 51% owned, controlled and operated by one or more socially and economically disadvantaged individuals, net worth less than $250,000 less equity of business and primary residence. Business must have potential for success… √ SBA Certification See SDB See SDB Alaska Native Corporation and Indian Tribes Subcontracts awarded to Alaskan Native and Indian Tribes count towards the satisfaction of subcontracting goals with small business and SDBs, regardless of their size NA NA See SDB See SDB Woman-owned Small Business (WOSB) 51% owned, controlled and operated by one or more women √ Self-certification 5% 5% HUBZone Small Business 51% owned and controlled by U.S. citizens or a Community Development Corporation or an agricultural cooperative or an Indian tribe; Principal office must be located within a HUBZone At least 35% of its employees must reside in a HUBZone √ SBA Certification 3% 3% Veteran-owned Small Business 51% owned, controlled and operated by one or more veterans with active duty. √ Self-Certification (verifiable by VA) See SDVOSB Negotiable Service Disabled Veteran- owned Small Business 51% owned, controlled and operated by one or more veterans with active duty (other than training), service related disability. √ Self-Certification (verifiable by VA) 3% 3% Historically Black Colleges & University and Minority Institutions NA Negotiable Native American Indian Incentive Plan Indian-owned commercial, industrial, or business activity established or organized for the purpose of profit, provided that Indian ownership shall constitute not less than 51 percent of the enterprise As determined by the Secretary of the Interior NA Mentor-Protégé Program (1) SDB firms certified by SBA or (2) Qualifying organization that employs the severely disabled Recent law allows HUBZones, WOSBs and VOSBs to be protégés. NA *Small Business Act: Section 15(g)
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