Federal Business Classification Information
Large Business Concern (LBC):
Dominant in field of operations per Federal Acquisitions Circular (FAC 9.201)
Small Business Concern (SBC):
Independently owned and operated, and meets industry size and receipt requirements for small businesses per SBAI3 CFR 121, Section 3 of the Small Business Act.
Woman-Owned Small Business (WOSB):
Is a small business and at least 51% owned and controlled by one or more women who are US citizens and have active involvement in day-to-day operations.
Small Disadvantaged Business (SDB):
SBA certified; minimum 51% owned, controlled and operated day-to-day by one or more socially and economically disadvantaged individuals*
Historically Black Colleges/Universities and Minority Institutions: (HBCU/MI)
HUB Zone Small Business (HUB Zone SB):
SBA certified; is small and is located in an 'historically underutilized business zone" and is owned and controlled by one or more US citizen(s) and at least 35% of employees reside in HUB zone.
Veteran-Owned Small Business (VOSB):
Is a small business and is at least 5 I % owned, controlled and has active involvement in day-to-day operations by one or more U.S. veterans.
Service-Disabled Veteran-Owned Small Business(SDVOSB):
VOSB and with a disability that is service connected; may include spouse/caregiver of veteran with permanent or severe disabilities.
*SDB Ethnicity Definitions (Please check one). African American ___ Hispanic American ___ Native American (American Indian, Eskimo, Aleut & Native Hawaiian) ___ Asian-Pacific American ___ Asian-Indian American ___