Small Business Enterprise (SBE)

A concern, including its affiliates, that is independently owned and operated, not dominant in the field of operation in which it is bidding on government contracts, and qualified as a small business under the criteria and size standards in 13 CFR Part 121.(reference Federal Acquisition Regulations part 19.102)

Small Disadvantaged Business (SDB)

A small business concern that represents, as part of its offer, its certification as a small disadvantaged business concern, consistent with 13 CFR part 124, Subpart B: and no material change in disadvantaged ownership and control has occurred since its certification; or where the concern is owned by one or more individuals, the net worth of each individual upon whom the certification is based does not exceed $750,000 after taking into account the applicable exclusions set forth at 13 CFR 124.104(c)(2); and it is identified on the date of its representation, as a certified small disadvantaged business in the database maintained by the Small Business Administration. In doing business with UTC, this certification must be active and maintained accordingly.

Individuals who are African Americans, Hispanic Americans, Native Americans, Asian-Pacific Americans, and Subcontinent-Asian Americans are considered historically underutilized (socially and economically disadvantaged) by the Small Business Administration:

1. Black Americans are U.S. citizens whose of origins are from the continent of African and are of Black African descent.
2. Hispanic Americans are U.S. citizens whose origins are in South America, Central America, Mexico, Cuba, the Dominican Republic, Puerto Rico, or the Iberian Peninsula, including Portugal.
3. Native Americans are American Indians, Eskimos, Aleuts, and Native Hawaiians.
4. Asian-Pacific Americans are U.S. citizens whose origins are in Japan, China, the Philippines, Vietnam, Korea, Samoa, Guam, the U.S. Trust Territory of the Pacific Islands (Republic of Palau), the Northern Mariana Islands, Laos, Kampuchea (Cambodia), Taiwan, Burma, Thailand, Malaysia, Indonesia, Singapore, Brunei, Republic of the Marshall Islands, or the Federated States of Micronesia.
5. Subcontinent Asian-Americans are U.S. citizens whose origins are in India, Pakistan, Bangladesh, Sri Lanka, Bhutan, or Nepal.

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Veteran-Owned Small Business (VOSB)

Not less than 51 percent of which is owned by one or more veterans (as defined at 38 U.S.C. 101(2)) or in the case of any publicly owned business, not less than 51 percent of the stock of which is owned by one or more veterans; and the management and daily operations of which are controlled by one or more veterans.

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Disabled Veteran Business Enterprise (DVE)

A small business not less than 51 percent of which is owned by one or more service-disabled veterans or in the case of any publicly owned business, not less than 51 percent of the stock of which is owned by one or more service-disabled veterans; and the management and daily business operations of which are controlled by one or more service disabled veterans or, in the case of a veteran with permanent and severe disability, the spouse or permanent caregiver of such veteran. Service-disabled veteran means a veteran, as defined in 38 U.S.C. 101(2), with a disability that is service-connected, 38 U.S.C. 101(16).

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Historically black colleges & universities (HBCU)

An institution determined by the Secretary of Education to meet the requirements of 34 CFR 608.2. For the Department of Defense (DoD), the National Aeronautics and Space Administration (NASA), and the Coast Guard, non-profit research institutions that were an integral part of such a college or university before November 14, 1986 are included in this definition.

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Minority Institutions (MI)

An institution of higher education meeting the requirements of Section 1046(3) of the Higher Education Act of 1965 (20 U.S.C. 1135d-5(3)) which, for the purposes of this clause includes a Hispanic-serving institution of higher education as defined in Section 316(b)(1) of the Act (20 U.S.C. 1059c(b)(1).

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H.U.B. Zone

A historically underutilized business (H.U.B.) zone, which is an area located within one or more qualified census tracts, qualified non-metropolitan counties, or lands within the external boundaries of an Indian reservation. Status as a qualified HUBZone small business concern is determined by the Small Business Administration (SBA) in accordance with 13 CFR part 126. If the SBA determines that a concern is a qualified HUBZone small business concern it will issue a certification to that effect and will add the business to the List of Qualified HUBZone Small Businesses on its Internet website. In doing business with UTC, this certification must be active and maintained accordingly.

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Woman Business Enterprise (WBE)

A small or large business which is at least 51 percent owned by one or more women, or, the case of any publicly owned business, at least 51 percent of the stock of which is owned by one or more women; and whose management and daily business operations are controlled by one or more women. UTC prefers that such businesses be certified by a third party such as the Women Business Enterprise National Council or certifying government agency. In doing business with UTC, this certification must be active and maintained accordingly.

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Minority Business Enterprise (MBE)

A business that is 51% owned and operated by an individual(s) who are U.S. citizens and their ancestry is African American, Native American, Hispanic-American, Asian Pacific, or their origins are from Indian, Pakistan, Bangladesh, or Sri-Lanka. UTC prefers that such businesses be certified by a third party such as the National Minority Supplier Development Council or certifying government agency. In doing business with UTC, this certification must be active and maintained accordingly.

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Large business

A large business is a domestic firm that does not meet the small business size standards per the definition above. Businesses should contact the U.S. Small Business Administration to determine appropriate North American Industry Classification (NAICS) codes and size standard. The threshold for number of employees and revenue vary depending on the product or service.

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Foreign business

A subcontractor organized or existing under the laws of a country other than the United States. The United States means the 50 states and the District of Columbia, U.S. territories and possessions, Puerto Rico, the Northern Mariana Islands and any other place subject to U.S. jurisdiction, but does not include leased bases.

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