Small Business Classifications


Eligibility Criteria for Registering as a UF Small Business

The University of Florida strives to ensure equal access and increased opportunities for small businesses. Our goal is to increase the number of Small, Women, Minority, Veteran, Service-disabled Veteran, Hub Zone and Disadvantaged businesses we work with.  Below you will find a list of the eligibility criteria for all small businesses interested in working with the institution:

SMALL EMERGING BUSINESS *

An independently owned and operated business concern that employs 15 or fewer permanent full-time employees, and that, together with its affiliates, has a net worth of not more than $1 million.

* UF-Specific Classification

SMALL BUSINESS

An independently owned and operated business concern that employs 200 or fewer permanent full-time employees, and that, together with its affiliates, has a net worth of not more than $5 million and is domiciled in the State of Florida.

WOMAN-OWNED BUSINESS

A small business concern which is organized to engage in commercial transactions, domiciled in the State of Florida, and is at least 51% owned, managed, and controlled by one or more women.

MINORITY-OWNED BUSINESS

A small business concern which is organized to engage in commercial transactions, domiciled in the State of Florida, and is at least 51% owned, managed, and controlled by a minority person(s). A minority person is a lawful, permanent resident of Florida who is an African American, Asian American, Hispanic American, Native American, or American Woman.

VETERAN-OWNED BUSINESS

A small business concern which is organized to engage in commercial transactions, domiciled in the State of Florida, and is at least 51% owned, managed, and controlled by one or more veterans.

SERVICE-DISABLED VETERAN-OWNED BUSINESS

A small business concern which is organized to engage in commercial transactions, domiciled in the State of Florida, and is at least 51% owned, managed, and controlled by one or more service -disabled veterans.

HUB ZONE BUSINESS

An independently owned and operated small business with at least 51% owned, managed and operated by U.S. citizens, a Community Development Corporation, an agricultural cooperative, a Native Hawaiian organization, or an Indian tribe. Have a principal office located in a HUBZone and have at least 35% employees live in a HUBZone.

DISADVANTAGED BUSINESS

An independently owned and operated small business with at least 51% owned, managed and operated by one or more individuals who are both socially and economically disadvantaged. Has a personal net worth of less than $1.32 million.

Approved Certifying Agencies

The University strongly encourages firms interested in doing business with the institution to become certified. Below are a list of approved certifying agencies.

We recognize additional federal, state, county and city certifications. If you have any questions, please contact sbr@admin.ufl.edu or (352) 392-0380.