The 5 Requirements for a Small Business Certification

What Are the Five Requirements for the Small Business Certification

Being considered a Small Business by the Small Business Administration (SBA) and obtaining your Small Business Certification will greatly increase growth and revenue for your company. Prime federal contractors will be looking up eligible companies via the DSBS and only contacting those who have their profiles complete. Below are the five requirements, Small Business Size Standards, set forth by the SBA.

• Be a for-profit business of any legal structure
• Be independently owned and operated
• Not be nationally dominant in its field
• Be physically located and operate in the U.S. or its territories
• Be registered and active in SAM.gov

Completing your Small Business profiles are essential when wanting to be contacted by prime contractors. Additionally, if you are Small Business Certified, you may be eligible for one or more of the SBA’s Set-Aside Programs (WOSB/EDWOSB, VOSB/SDVOSB, 8(a) Program, and HUBZone Program).

For an easy way to find out if you qualify for a Small Business Certification, click the button below to use the calculator tool.