Small Business Administration (SBA) and Small Business Development Center (SBDC) – How does the SBA define small businesses? Does my company qualify?
The Small Business Act states that a small business is “one that is independently owned and operated and which is not dominant in its field of operation.” The law also states that in determining what constitutes a small business, the definition will vary from industry to industry to reflect industry differences accurately and each has specific Size Regulations. You can view these definitions and regulations at SBA.
Related Questions
- I am a small business owner with an idea in the development stage. Does Homeland Security have any opportunities for small businesses in the Research and Development (R&D) arena?
- Small Business Administration (SBA) and Small Business Development Center (SBDC) - How does the SBA define small businesses? Does my company qualify?
- What is the Springfield Small Business Development Center (SBDC)?
