Federal contracting presents an incredible opportunity for small businesses to grow by providing goods and services to the U.S. government. To ensure fair competition, the government sets aside specific contracts exclusively for small businesses. Here are the most essential federal set-aside programs:
1. HUBZone Program
The Historically Underutilized Business Zones (HUBZone) program boosts economic development in underprivileged areas. Businesses located in a HUBZone and meeting specific criteria can qualify for exclusive contracts and a 10% price evaluation preference in competitive bids.
2. Women-Owned Small Business (WOSB) Program
Designed to support women entrepreneurs, the WOSB program reserves contracts in industries where women are underrepresented. Certain contracts are further restricted to Economically Disadvantaged Women-Owned Small Businesses (EDWOSBs).
3. Service-Disabled Veteran-Owned Small Business (SDVOSB) Program
This program provides contracting opportunities for businesses owned by service-disabled veterans. It helps veterans transition their leadership skills into thriving businesses.
4. 8(a) Business Development Program
The 8(a) program supports socially and economically disadvantaged entrepreneurs through training, mentorship, and set-aside contracts. This is an excellent pathway for small businesses aiming for long-term growth.
USBRI has been assisting companies with federal registrations and certifications for over 13 years. A dedicated CRS (Certified Registration Specialist) would be assigned to your company, working directly with you to ensure your company is active and compliant. Additionally, they will keep up-to-date and inform you if your company meets requirements for additional certifications and opportunities.
If you’d like to find out if you qualify as a Small Business according to the SBA Size Standards, use the tool by clicking “Small Business Calculator Tool” below. Additionally, a SAM Registration is required to participate in Federal Contracting. Use the SAM Search Tool to find out if you have a registration or if the one you have has expired.
