What is the definition of a small business so that you can participate in special opportunities for small businesses?
In making a detailed definition, the federal government may use a number of criteria, including the number of employees, annual receipts, affiliates, or other applicable factors. These specific criteria are set forth in the Small Business Administration Small Business Size Regulations, Title 13, Part 121 of the Code of Federal Regulations. For information on specific industry classifications (manufacturing, construction, services, transportation, refined petroleum products, and research development and testing), or more information on general small business definitions, see the Small Business Size Standards.
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