Helpful Definitions
Helpful Definitions
Minority-Owned Small Business (MOSB)
Self-Certification Category (only if sole proprietorship)
A small business concern that is at least 51 percent owned, managed, and
governed (controlled) by one or more minorities. It must be an independent
business, with an independent and separate location and not a “sales or
marketing arm” of a non-minority firm. For information on the Minority-Owned
Small Business Program, visit
http://www.sba.gov/content/minorities-0.
Small Disadvantaged Business (SDB)
Must be Certified by SBA as a SDB
A small business that has received certification as a small business
disadvantaged business concern consistent with 13 CFR 124, Subpart B, and no
material change in disadvantaged ownership and control has occurred since
certification. To become SDB certified, visit
http://www.sba.gov/content/8a-business-development.
Women-Owned Small Business (WOSB)
Self-Certification Category (only if sole proprietorship)
A small business concern that is at least 51 percent owned by one or more
women, or, in the case of any publicly owned business, at least 51 percent of
the stock is owned by one or more women. In addition, one or more women must
control the management and daily business operations. For information on the
Women-Owned Small Business Program, visit
http://www.sba.gov/content/womens-business-ownership.
HUBZone Small Business (HUBZONE)
Must be Certified by SBA as a HUBZone Small Business
A small business must be located in a “historically underutilized business
zone” that is owned and controlled by one or more United States citizens and at
least 35 percent of its employees must reside in a HUBZone to qualify for the
HUBZone program. To become HUBZone certified, visit
http://www.sba.gov/category/navigation-structure/contracting/working-with-government/small-business-certifications-audiences/hubzone-certification.
Veteran-Owned Small Business (VOSB)
Self-Certification Category
A small business concern that is at least 51 percent owned by one or more
veterans (as defined in 38 USC 101 (2)), or, in the case of any publicly owned
business, at least 51 percent of the stock is owned by one or more veterans. In
addition, one or more veterans must control the management and daily business
operations. For additional information regarding the Veteran-Owned Program,
visit
http://www.sba.gov/content/veteran-service-disabled-veteran-owned.
Service Disabled Veteran-Owned Small Business (DVOSB)
Self-Certification Category
A small business concern that is at least 51 percent owned by one or more
service disabled veterans (as defined in 38 USC 101 (16)), or, in the case of
any publicly owned business, at least 51 percent of the stock is owned by one
for more service disabled veterans. In addition, the management and daily
business operations must be controlled by one or more service disabled veterans.
In the case of a permanent or severe disability, the spouse or caregiver of such
a service-disabled veteran may control the management and daily operations. For
additional information regarding the Service Disabled Veteran-Owned Program,
visit
http://www.sba.gov/content/veteran-service-disabled-veteran-owned.
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