The SBA Set-Aside programs are official recognitions provided by the Small Business Administration. It’s goal is for the government to spend a certain amount of federal contracting dollars on certain types of businesses who meet the requirements and are certified. There are four main SBA Set-Aside Certifications which include:
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- Woman-Owned Small Business Certification (WOSB/EDWOSB)
- 5% of all Federal funds annually are allocated to WOSB Certified businesses
- Veteran-Owned Small Business Certification (VOSB/SDVOSB)
- Bid on exclusive contracts set aside for VOSBs.
- 3% of federal contracts designated for SDVOSB certified contractors.
- HUBZone Certification
- Businesses in historically underutilized business zones are given exclusive access to certain government contracts.
- HUBZone certified businesses benefit from a 10% price evaluation preference in open contract competitions.
- 8(a) Certification
- 5% of all federal monetary spending is mandated to be allocated to Minority Owned Small Business certificate holders.
- As an 8(a) certified business, you are visible to contracting officers as a small business and Minority certified, so the pool for set-aside contracts is smaller, which maximizes your ability to receive no bid contract under $25,000.
- Woman-Owned Small Business Certification (WOSB/EDWOSB)
USBRI has been offering filing assistance for SAM Registration’s and SBA Certifications for over 12 years. A dedicated CRS (Certified Registration Specialist) will be able to handle the entire process for you, only pulling you in when absolutely necessary. Reach out to the USBRI Help Desk at 1-888-646-9998 with any questions regarding SAM or SBA Certification’s and discover how to get assistance.
To know if you qualify as a small business, use the Small Business Calculator Tool by clicking the button below