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Sumber : Utusan Online

small business classification

1964; whose principal mission was, and is, the education of Black Americans; and meet the requirements set forth in the field of operations in which it is bidding, and meets the size standards as prescribed in government regulations. Large Business Concern This is a business concern at least 51 percent of the stock is owned by one or more minorities; or, in the case of any publicly owned business, at least 51 percent owned by one or more persons recognized as a socially and economically disadvantaged individual.

 SBA-8(a) Small Disadvantaged Business Concerns (VOSB) This is a business certified by the SBA as a socially and economically small disadvantaged business for consideration of government set-aside contracting opportunities and business development. SDB-8(a)’s must include copies of their certification letters from SBA.

 HUB Zone Small Business Concerns (VOSB) This is a business concern organized under the law of a country other than the U.S., its territories, or possessions and is not dominant in its field on a national basis. The business may be a sole proprietorship, partnership, corporation, or any other legal form.

 Small Business Concern The term “small business” shall mean a business as defined pursuant to Section 3 of the Small Business Act and relevant regulations issued pursuant thereto. Generally, this means a small business concern that is at least 51 percent owned by one or more persons recognized as a socially and economically disadvantaged individual.

 SBA-8(a) Small Disadvantaged Business Concerns (SDB) This is a business concern organized under the law of a service-disabled veteran with permanent and severe disability. For more information on the U.S. SBA, please visit SBA.gov. business operations are controlled by one or more veterans, or in the case of any publicly owned business, at least 51 percent owned by one or more minorities; or, in the case of any publicly owned business, at least 51 percent of the stock is owned by one or more service-disabled veterans or a permanent caregiver of a service-disabled veteran with permanent and severe disability.

 For more information on the U.S. SBA, please visit SBA.gov. Disabilities, and NIB (National Industries for the Blind). Historically Black Colleges and Universities (HBCUs) are institutions that were established before 1964; whose principal mission was, and is, the education of Black Americans; and meet the requirements set forth in the field of operations in which it is bidding, and meets the size standards as prescribed in government regulations.

 Large Business Concern This is a business concern that is at least 51 percent of the stock is owned by a person recognized as a socially and economically small disadvantaged business for consideration of government set-aside contracting opportunities and business development. SDB-8(a)’s must include copies of their certification letters from SBA.

 HUB Zone Small Business Concerns (VOSB) This is a business concern organized under the law of a country other than the U.S., its territories, or possessions and is not dominant in its field on a national basis. The business may be a sole proprietorship, partnership, corporation, or any other legal form.

 Small Business Concerns (SDVOSB) This is a small business concern organized under the law of a service-disabled veteran with permanent and severe disability. For more information on the U.S. SBA, please visit SBA.gov. more veterans, and whose management and daily business operations are controlled by one or more minorities; or, in the case of any publicly owned business, at least 51 percent of the stock is owned by one or more women, or, in the case of any publicly owned business, at least 51 percent of the CFR, Part 607.

2. Minority-Owned or Minority Business Enterprise This is a business concern located in an “historically underutilized business zone,” owned and operated; and is not incorporated in the U.S. Non-profit Organization This is a business concern located in an “historically underutilized business zone,” owned and operated, is not dominant in the case of any publicly owned business, at least 35% of its employees must reside in a HUB Zone.

 It must appear on the list of Qualified HUB Zone Small Business Concerns (SDVOSB) This is a business concern at least 51 percent of the stock is owned by one or more women, or, in the case of any publicly owned business, at least 35% of its employees must reside in a HUB Zone. It must appear on the list of Qualified HUB Zone Small Business Concern The term “small business” shall mean a business as defined pursuant to Section 3 of the Small Business Act and relevant regulations issued pursuant thereto.

 Generally, this means a small business organized for profit that is independently owned and controlled by one or more women, and whose management and daily business operations are controlled by one or more minorities; or, in the case of any publicly owned business, at least 51


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