Small Business Concern
A business meeting SBA size standards (by revenue or employee count per NAICS code) eligible for set-aside contracts and small business programs.
Related Terms
Set-Aside
A procurement restricted to a specific category of small business (e.g., 8(a), HUBZone, SDVOSB, WOSB) to promote small business participation in federal contracting.
SBA
The federal agency that supports small businesses through size-standard determinations, certification programs (8(a), HUBZone), and government contracting assistance.
NAICS
A six-digit coding system used to classify business establishments by industry. Federal contracts specify NAICS codes to determine applicable small business size standards.
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