What are the Six SBA Classifications?

  • Small Business
  • Minority Owned Small Business
  • Veteran Owned Small Business
  • Woman Owned Small Business
  • Service Disabled Veteran Owned Small Business
  • HubZone: Historically Economically Underdeveloped Area

What is the SBA?

The SBA is the Small Business Administration, a branch of the U.S. Government that provides support to entrepreneurs and small businesses. www.sba.gov

What is a QSB?

A QSB is a Qualified Small Business under the U.S. Government Small Business Administration (SBA).

  • Small Business
  • Woman Owned Small Business
  • Minority Owned Small Business
  • Veteran Owned Small Business
  • Service Disabled Veteran Owned Small Business
  • HubZone – preferentially employing residents of HUBZones

What are Set-Asides & No-Bid Contracts?

Set-Asides are contracting opportunities available only to people who hold a specific Classification, which includes Service Disabled Veteran; essentially, it is the same as a no-bid contract. No-bid contractors will be referred by the Federal Government to groups qualified in only certain Classifications.

A contracting officer may set aside a requirement for Economically Disadvantaged Women-Owned Business (EDWOSB) if:

  • The NAICS code assigned to the solicitation, invitation for bid, or quote, is in an industry in which the SBA has designated that WOSBs are underrepresented.
  • The contracting officer has a reasonable expectation that two or more EDWOSBs will submit offers.  This is sometimes referred to as the “rule of two.”

What is the CVE

CVE is Certified Veterans Enterprise. Obtaining CVE Certification is a rigorous process required by the Government which in turn provides extensive privileges to Service Disabled Veterans.