small business certifications: do you qualify?
DESCRIPTION
Small business owners face challenges compared to their larger, deep-pocketed competitors. To overcome these capital challenges there are several small business certifications available. Small business certifications give you the opportunity to compete for government contracts. Here is a list of small business certifications you need to explore.TRANSCRIPT
![Page 1: Small Business Certifications: Do you Qualify?](https://reader035.vdocuments.us/reader035/viewer/2022070302/547e33c25906b5dd718b464a/html5/thumbnails/1.jpg)
Small Business
Certifications: Do
You Qualify?
Leveling the Playing Field for
Small Business Owners
![Page 2: Small Business Certifications: Do you Qualify?](https://reader035.vdocuments.us/reader035/viewer/2022070302/547e33c25906b5dd718b464a/html5/thumbnails/2.jpg)
Small business owners face challenges when competing
against larger competitors with deep pockets.
![Page 3: Small Business Certifications: Do you Qualify?](https://reader035.vdocuments.us/reader035/viewer/2022070302/547e33c25906b5dd718b464a/html5/thumbnails/3.jpg)
Without access to capital, the odds are stacked against you.
However, there is help.
![Page 4: Small Business Certifications: Do you Qualify?](https://reader035.vdocuments.us/reader035/viewer/2022070302/547e33c25906b5dd718b464a/html5/thumbnails/4.jpg)
*Glassdoor.com.
Federal, state and local government officials offer a
percentage of projects to qualified small businesses. First,
though, you must get certified.
![Page 5: Small Business Certifications: Do you Qualify?](https://reader035.vdocuments.us/reader035/viewer/2022070302/547e33c25906b5dd718b464a/html5/thumbnails/5.jpg)
Small business certification gives you
the opportunity to compete for
government contracts.
• You can qualify based upon
minority or disadvantaged status.
• Based on certification, the
qualified agency will review you for
eligibility.
![Page 6: Small Business Certifications: Do you Qualify?](https://reader035.vdocuments.us/reader035/viewer/2022070302/547e33c25906b5dd718b464a/html5/thumbnails/6.jpg)
Visit the U.S. Small Business
Administration. Certification
eligibility is based on:
• Size of your business (industry-
specific based on number of
employees), or
• On sales volume averaged over a 3-
year period.
SBA.gov
![Page 7: Small Business Certifications: Do you Qualify?](https://reader035.vdocuments.us/reader035/viewer/2022070302/547e33c25906b5dd718b464a/html5/thumbnails/7.jpg)
*Glassdoor.com.
![Page 8: Small Business Certifications: Do you Qualify?](https://reader035.vdocuments.us/reader035/viewer/2022070302/547e33c25906b5dd718b464a/html5/thumbnails/8.jpg)
Required qualifications:
• 51% or more of the business
must be U.S.-woman owned.
• Legal resident aliens are
eligible.
• Women business owners must
prove to be active managers.WBE
![Page 9: Small Business Certifications: Do you Qualify?](https://reader035.vdocuments.us/reader035/viewer/2022070302/547e33c25906b5dd718b464a/html5/thumbnails/9.jpg)
Required qualifications:
• 51% or more of a for-profit U.S.
company must be owned,
operated and controlled by
minority group U.S. citizens.
• Certifications are conducted
locally or regionally by state
agency minority-owned business
councils.
MBE
![Page 10: Small Business Certifications: Do you Qualify?](https://reader035.vdocuments.us/reader035/viewer/2022070302/547e33c25906b5dd718b464a/html5/thumbnails/10.jpg)
Required qualifications:
• Federal law mandates requirements for
DBEs.
• The U.S. Department of Transportation
oversees certification requirements.
• 51% or more of the business must be
owned and controlled by one or more
socially and economically
disadvantaged persons.
SDB & DBE
![Page 11: Small Business Certifications: Do you Qualify?](https://reader035.vdocuments.us/reader035/viewer/2022070302/547e33c25906b5dd718b464a/html5/thumbnails/11.jpg)
Required qualifications:
• 51% of the business must be owned
and controlled by one or more socially
and economically disadvantaged.
• Musts be citizens of the U.S. and
demonstrates potential for success.
• For federal procurement only.
8(a)
![Page 12: Small Business Certifications: Do you Qualify?](https://reader035.vdocuments.us/reader035/viewer/2022070302/547e33c25906b5dd718b464a/html5/thumbnails/12.jpg)
Required qualifications:
• 51% or more of the business
must be owned by one or more
U.S. military, naval or air service
disabled veterans.
• For any type of business.
DVBE
![Page 13: Small Business Certifications: Do you Qualify?](https://reader035.vdocuments.us/reader035/viewer/2022070302/547e33c25906b5dd718b464a/html5/thumbnails/13.jpg)
Required qualifications:
• Must be located in a HUB
location with 35% or more of the
employees living in the area as
well.
• If qualified, your business gets
preferential access to federal
procurement opportunities. HUB
![Page 14: Small Business Certifications: Do you Qualify?](https://reader035.vdocuments.us/reader035/viewer/2022070302/547e33c25906b5dd718b464a/html5/thumbnails/14.jpg)
Easy. Online. SurePayroll.
For payroll and tax tips, small
business owners can visit
The Payroll Blog.
Discover More