Service Disabled Veteran Owned Small Business
The Service-Disabled Veteran-Owned Small Business Concern (SDVOSBC) Program was developed to help agencies meet the government-wide goal that not less than 3% of the total value of all prime contract and subcontract awards be made to small businesses owned and controlled by service-disabled veterans stipulated by the Veterans Entrepreneurship and Small Business Development Act of 1999. It does not provide a priority or preference to SDVOSBs, it simply allows contracting officers to create SDVOSB set-asides or make sole source awards if they choose to do so in an effort to meet the 3% goal. Each agency is required by Executive Order 13360 to have a strategy to meet its SDVOSB contracting and subcontracting goals. (See Code of Federal Regulations (CFR) 13 C.F.R. § 125.11-125.33).
MBE Certified - National Minority Supplier Development Council
The National Minority Supplier Development Council (NMSDC) is an organization that certifies minority-owned businesses. The NMSDC lists recognized MBE businesses in both regional and national Minority Supplier Databases. And, the list includes both corporate members and private-sector companies that MBEs can potentially receive contracts from and connect with.
Certification requirements include:
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Being at least 51% owned by at least one individual who is part of a federally recognized minority group*
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Having U.S. citizenship
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Being a for-profit business that is physically located in the U.S. or its trust territories
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Having management and daily operations overseen and exercised by the minority ownership member(s)
423430 : 424120
423430 : 423120 : 423910
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