SBA Doubles Federal Contracting Goal for Veteran-Owned Small Businesses From 5% to 10%
The U.S. Small Business Administration (SBA) announced in Washington on November 9 its small business contracting goals for fiscal year 2027: the goal for veteran-owned and service-disabled veteran-owned small businesses (SDVOSBs) in federal prime contracting and subcontracting doubles from 5 percent to 10 percent. The announcement came on the first day of National Veterans Small Business Week.
SBA Administrator Kelly Loeffler said the administration's SBA is proud to establish the historic goals, doubling the 5 percent objective to 10 percent, for veteran-owned and service-disabled veteran-owned small businesses, which she called among the most competent and critical contractors. Veteran entrepreneurs, she said, deliver products and services that bolster Main Streets and military readiness alike; in the defense industry, small businesses make up 70 percent of the industrial base.
The SBA said the new target follows a strong year of federal contracting for veterans in fiscal 2025, when service-disabled veteran-owned small businesses received $32.5 billion in federal prime contracts, exceeding the government-wide 5 percent goal. The agency also cleared a backlog of more than 2,700 Veteran Small Business Certification (VetCert) applications last year, and in fiscal 2026 approved over 18,000 contracting certifications for veteran-owned small businesses.
Under the SBA's final fiscal 2027 goals table, small disadvantaged businesses stand at 5 percent for both prime contracting and subcontracting, women-owned small businesses at 5 percent on both, veteran-owned and service-disabled veteran-owned small businesses at 10 percent on both, and HUBZone firms at 3 percent on both. The Small Business Act requires the federal government to set annual contracting goals giving small businesses the maximum practicable opportunity; the statutory target of awarding at least 23 percent of federal prime contracting dollars to small businesses has been exceeded for eleven consecutive years. (Source: U.S. Small Business Administration)
Source: U.S. Small Business Administration
Published by GSM · USA (original Chinese edition)
Photo: 图：美国小企业局局长 Kelly Loeffler 官方肖像（GSM联邦固定图库）。 / Photo: SBA Administrator Kelly Loeffler, official portrait (GSM federal asset library).
