Business Terms
Small Business Goaling
The statutory requirement for federal agencies to award a percentage of contracts to small businesses.
In context
How Small Business Goaling works in supplier diversity
The federal government has a goal of awarding 23% of prime contract dollars to small businesses, with sub-goals for specific categories: 5% to WOSB, 5% to SDB, 3% to SDVOSB, and 3% to HUBZone. Agencies and prime contractors are measured on achieving these goals, creating demand for certified diverse suppliers.
Example
Real-world example
The certification quiz checks your business against every certification we track. The result is a ranked list with the buyers each one opens. Or open the certification reference for the full guides.