The following definitions outline the different types and qualifications for classification
of registered businesses.
Small Business- A small business is defined by federal law as "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. SBA's Small Business Size Regulations implement the Small
Business Act's mandate to SBA. The SBA has also established a table of size standards,
matched to North American Industry Classification System (NAICS) industries.
Click on the link below for more information:
A. Minority-Owned Business — A business that has been certified
by a Wrigley approved agency and that is at least
51% owned, operated and controlled by a minority individual or a minority group.
B. Women-Owned Business — A business that has been certified by
a Wrigley approved agency and that is 51% owned, operated
and controlled by a woman or women.
C. Veteran-Owned Small Business - (FAR 52.219-9, 38 USC 101(2))
- A small business concern that is at least 51% owned
by one or more veterans (as defined in 38 USC 101(2)), or, in the case of any publicly
owned business, at least 51% of the stock is owned
by one or more veterans. In addition, one or more veterans must control
the management and daily business operations. The site for certification is http://www.va.gov/osdbu/veteran/verification.asp
E. HUBZone Small Business - The Small Business Administration's
HUBZone Program is designed to promote economic development
and employment growth in distressed areas by providing access to more federal contracting
opportunities. A HUBZone is defined as a "Historically Underutilized Business Zone."
*Must be Certified by SBA **There is an Expiration
F. Small Disadvantaged Business - SDBs can follow a self certification
process by registering on www.ccr.gov
to make them eligible for special bidding benefits.
SDBs are at least 51 percent owned by one or more individuals who
are both socially and economically disadvantaged. This can include a publicly owned
business that has at least 51 percent of its stock
unconditionally owned by one or more socially and economically disadvantaged individuals
and whose management and daily business is controlled by one or more such individuals.
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