Is a 51% owner of your firm, or a group of owners comprising of 51%, a member of
a presumed socially disadvantaged group, a Caucasian female, of middle eastern dissent,
or Service Disabled Veteran with over 30% Service Disability
Presumed socially disadvantaged group
To be considered a member of a presumed socially disadvantaged group you must be
25% or more of one of the following groups:
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Sub-continent Asian American
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Native American – member of a federally recognized tribe, Inuit*
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Asian Pacific American
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Black American
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Hispanic American
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Native Hawaiian
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*If you are Native American there is no minimum percentage but you will have to
show that you represent yourself as a Native American.
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service disabled veteran- handicap Bias
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Caucasian female - gender bias
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Middle Eastern – racial prejudice
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Does the business have at least one tax return with revenue in excess of $100,000?
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Do you have a net worth of less than $250,000 excluding the value of your primary
residence and the value of your business. If greater would it be less than $250,000
if you excluded the value of your IRA and 401K.
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Was your average annual income for the past three years less than $250,000 per year?
This number would be on line 37 AGI (Adjusted Gross Income) of your tax return.
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Does your business have at least two clients with no client representing more
than 70% of your overall revenue?
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Is 51% of the firm owned by a US Citizen?
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Does the 51% owner of the firm hold all certifications and educational background
necessary for the firm to conduct business in its field? For example is the contractor’s
license in the name of the person in whom you are applying?
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Does the company have sufficient access to capital so they could perform if awarded
government contracts?
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Does the company have some equity in it, that is is there some shareholder equity
still in the firm?
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Does the applicant have less than $4,000,000 in assets?
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Is the business a small business as determined by its primary NAICS code?
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