What is a Small Business?
A small business is not dominant in its field of operation and qualifies as a small business concern under Title 13, Code of Federal Regulations, part 121 (13 CFR 121). SBA has established size standards for all for-profit economic activities as they are described under the North American Industry Classification System (NAICS). Size standards are critical in the government-contracting process because they ensure a "level playing field" for competition among small businesses of varying sizes. They also apply to other SBA programs, such as its Loans & Grants and Technology (SBIR/STTR) Programs. In fact, they apply to all Federal programs that provide a benefit to a small business concern.
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SBA issues proposed size standards for NAICS Sector 11, Agriculture, Forestry, Fishing, and Hunting The U.S. Small Business Administration (SBA) proposes to increase small business size standards for 11 industries in North ...
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The Small Business Act was created, in part, to help small businesses compete in our economic market. The passage of this act has made it necessary to establish standards of identifying small businesses. Below are the size ...
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For its ongoing comprehensive size standards review and future regulatory actions relating to size standards, SBA has developed a “Size Standards Methodology White Paper,”explaining how it establishes, reviews and ...
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To help business owners determine if their businesses qualify as small businesses, SBA has established a Table of Small Business Size Standards.
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Summary of Size Standards by Industry Size guidelines define the maximum size that a firm (including its affiliates) can be to qualify as a small business for most SBA programs. Size standards usually are a measure of a ...
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Your business might be eligible for programs that are reserved for small business concerns. To qualify, your business must satisfy SBA's definition of a business concern, along with the size standards for small business. SBA ...
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As you have learned in Small Business Size Regulation and Methodology and Use of Size Standards for Government Procurement, a contracting officer determines the size of the business according to the standards set forth in the Code ...
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Guide to SBA's Definitions of Small Business The U. S. Small Business Administration (SBA) has prepared this Guide to SBA's Definitions of Small Business (Guide) to help the public understand how SBA defines a small ...
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Affiliation Discussion When you calculate the size of your business to determine if you are a small business, you must include the annual receipts and the employees of your affiliates. Affiliation is determined by the ability to ...
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Repeal of the Small Business Competitiveness Demonstration Program Effective Immediately The President of the United States signed the Small Business Jobs Act of 2010 (Jobs Act) on Sept. 27, 2010. The Jobs Act amended the ...
SBA Success Story
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There are companies that start up and soon fizzle. There are companies that start up, struggle, and slowly grow. Then, there are companies that...
Maria Valeriano first consulted with the UTPB Small Business Development Center with a vision of starting her own insurance agency. She had a great...
Shortly after arriving in the U.S. in 1936, Ludwig Steigerwald teamed with fellow German immigrant Curt Liehs, Sr. to open a butcher shop in downtown...