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SBIR_2016_Year_in_Review-FINAL-WEB-with_links-PACleared

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FY <strong>2016</strong><br />

AWARDS BREAKDOWN<br />

One of the four congressional objectives of the <strong>SBIR</strong>/STTR program is to foster and encourage participation and<br />

entrepreneurship by socially and economically disadvantaged companies. The Air Force <strong>SBIR</strong>/STTR program office strives<br />

to achieve this objective through many forms of outreach and communication as previously described <strong>in</strong> this publication.<br />

A large number of companies that identify themselves as ‘disadvantaged’ (def<strong>in</strong>ed below) have been awarded Phase I and<br />

Phase II contracts <strong>with</strong> the Air Force. We will cont<strong>in</strong>ue our efforts to <strong>in</strong>crease this number <strong>in</strong> the future.<br />

The Federal government specifies contract<strong>in</strong>g goals for designated small bus<strong>in</strong>esses. In addition, sub-goals are established<br />

for the follow<strong>in</strong>g small bus<strong>in</strong>ess concerns (SBC).<br />

Women Owned Small Bus<strong>in</strong>ess – An SBC at least<br />

51 percent owned by one or more women or, <strong>in</strong> the<br />

case of any publicly owned bus<strong>in</strong>ess, at least 51 percent<br />

of the stock of which is owned by one or more women<br />

and the management and daily bus<strong>in</strong>ess operations of<br />

the bus<strong>in</strong>ess are controlled by one or more women.<br />

Veteran Owned Small Bus<strong>in</strong>ess – An SBC not less<br />

than 51 percent of which is owned by one or more<br />

veterans or, <strong>in</strong> the case of any publicly owned bus<strong>in</strong>ess,<br />

not less than 51 percent of the stock of which is owned<br />

by one or more veterans and the management and daily<br />

bus<strong>in</strong>ess operations of which are controlled by one or<br />

more veterans.<br />

Socially and Economically Disadvantaged<br />

Small Bus<strong>in</strong>ess – An SBC at least 51 percent<br />

unconditionally owned by one or more socially and<br />

economically disadvantaged <strong>in</strong>dividuals.<br />

HUBZone (Historically Underutilized Bus<strong>in</strong>ess<br />

Zone) – An SBC that is at least 51 percent owned and<br />

controlled by United States citizens and located <strong>in</strong> a<br />

historically underutilized bus<strong>in</strong>ess zone.<br />

Service Disabled Veteran Owned Small<br />

Bus<strong>in</strong>ess – An SBC not less than 51 percent of which is<br />

owned by one or more service-disabled veterans or, <strong>in</strong><br />

the case of any publicly owned bus<strong>in</strong>ess, not less than 51<br />

percent of the stock of which is owned by one or more<br />

service-disabled veterans and the management and daily<br />

bus<strong>in</strong>ess operations of which are controlled by one<br />

or more service-disabled veterans or, <strong>in</strong> the case of a<br />

veteran <strong>with</strong> permanent and severe disability, the spouse<br />

or permanent caregiver of such veteran.<br />

Note these descriptions are further def<strong>in</strong>ed by U.S.<br />

regulation.<br />

36

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