A small disadvantaged business concern is one that is organized for profit, with a place of business located in the U.S. It must operate primarily within the U.S. or make a significant contribution to the U.S. economy through payment of taxes or use of American products, materials or labor. It must meet the numerical size standards as defined in the Small Business Code of Federal Regulations, 13 CFR 121.

It is the policy of the United States according to the Federal Acquisition Regulation Clause (FAR 52.219-8) that small disadvantaged business concerns, veteran-owned small business concerns, service-disabled veteran-owned small business concerns, HUBZone small business concerns and women-owned small business concerns, have the maximum practicable opportunity to participate in bidding for contracts offered by any Federal agency, including contracts and subcontracts for subsystems, assemblies, components, and related services for major systems including vehicles utilized by the Dept of Defense (DOD). A list of small, disadvantaged business concerns which are registered with the SBA can be viewed through the Central Contractor Registration Database (CCR). A small business concern must register with the Small Business Administration (SBA) to qualify for assistance or participate in any designated programs.

As part of TRW Supplier Diversity Program, you must provide proof that your company has obtained one or more of the certifications listed below through the Small Business Administration (SBA).

For more information regarding certification, visit the Small Business Administration (SBA) website: http://www.sba.gov

The definition of the various small business classifications are as follows:

Small Business Concern

A small business concern which is smaller than a given size as measured by its employment, business receipts, or business assets and meets the size standards according to the Small Business Code of Federal Regulations (CFR).

Small Disadvantaged Business Concern (SDB)

A small business concern that is 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.

Veteran-Owned / Service-Disabled Veteran Small Disadvantaged Business Concern

A small business concern that is at least 51 percent owned by one or more veterans or service-disabled veterans. This can include a publicly owned business that has at least 51 percent of its stock unconditionally owned by veterans or service-disabled veterans and whose management and daily business is controlled by one or more such individuals.

HUBZone Small Business Concern

A small business concern which operates in Historically Underutilized Business Zones. Through the HUBzone Empowerment Contracting program, federal contracting opportunities are provided for qualified small businesses located in distressed areas. The HUBZone Empowerment Contracting Program stimulates economic development, empowers and creates jobs in urban and rural communities and helps to attract private investment firms by providing Federal contracting preferences to small businesses. These preferences go to small businesses that obtain HUBZone (Historically Underutilized Business Zone) certification in part by employing staff who live in a HUBZone.

Woman-Owned Small Business Concern

A small business concern that is at least 51 percent owned by one or more women. This can include a publicly owned business that has at least 51 percent of its stock unconditionally owned by one or more such individuals and whose management and daily business is controlled by one or more women.

A small business concern must register and be certified with the Small Business Administration (SBA) to qualify for assistance or participate in any designated programs offered by the SBA.