FAQ - Small Business
1. How do I know if I meet the size standards for a Small Business?
We suggest that you schedule an appointment with the closest Procurement Technical Assistance Center (PTAC). This is a help organization funded by the Defense Logistics Agency to ensure Small Businesses understand Federal procurement rules. The business coach will explain to you rules governing the size standards. The business coach will also direct you to information on the internet where you can learn more details.
In a few instances, your business coach will recommend that you seek advice from the Small Business Administration (SBA) to determine if you meet the Small Business criteria for your industry. We recommend you do this jointly with the PTAC business coach. SBA contact information can be located at http://www.sba.gov/. To find your closest PTAC, please visit http://www.aptac-us.org/new/.
2. What is a North American Industry Classification System (NAICS) code?
A NAICS Code (pronounced Nakes) is a code designated by the North American Industry Classification System. Federal contractors are required to register their NAICS codes for each product or service they plan to sell to the Government. This is linked to the size standards which govern the Small Business set-asides and all subset categories. The Verification Program requires businesses to register their NAICS codes in the VetBiz.gov Vendor Information Pages database to determine eligibility.
3. How do I know what my NAICS codes are?
4. I am not considered a Small Business for some NAICS codes, am I still eligible for your program?
You cannot be Verified as a Veteran-Owned Small Business if you are not considered a Small Business under the North American Industry Classification System. However, if you are considered small under other NAICS codes, you may omit the codes for which your business does not qualify, and list only those under which you are considered small.