A disadvantaged business is a for-profit, small business concern that is at least 51% owned and controlled by one or more individuals who are socially disadvantaged or economically disadvantaged.
The U.S. Small Business Administration (SBA) has a program to help disadvantaged businesses get certified. This certification can make it easier for businesses to win government contracts and get access to other forms of assistance.
To be eligible for designation as a small disadvantaged business (SDB), a business must be independently owned and operated by one or more individuals who are socially and economically disadvantaged and must meet specific size and revenue criteria. The U.S. Small Business Administration (SBA) offers a variety of programs and services to help SDBs succeed.
SDBs play an important role in the U.S. economy. They create jobs, contribute to economic growth, and provide essential goods and services to communities across the country. The SBA’s SDB program helps to level the playing field for these businesses and gives them the opportunity to compete for government contracts. Historically, small businesses have been underrepresented in government contracting, but the SDB program has helped to increase their participation.