Small Business Goals
and Accomplishments

The Small Business Administration (SBA) is responsible for ensuring the government-wide goals for participation of small
businesses are established annually at the statutory levels, and that the reporting agencies’ achievements are relative to the goals.
Federal government agencies negotiate with the SBA to establish mandatory small business goals. The Coast Guard is committed
to ensuring that small business have maximum opportunities to compete for contracts.

The following are the Coast Guard’s fiscal year 2024 small business and socio-economic category goals

  • Small Business (SB) Prime – 45%
  • Historically Underutilized Business Zone (HUBZone) – 3%
  • Women-Owned Small Business (WOSB) – 5%
  • Service-Disabled Veteran-Owned Small Business (SDVOSB) – 5%

Coast Guard's fiscal year 2023 performance
Small Business Category Goals Percentage​ Dollars Obligated*​ SB Percentage of Eligible Dollars​
Small Business (SB) Prime 44.0% $1,714,223,540.39 53.70%​
8(a) 10.0% $403,108,855.81 12.63%
Overall SDB 24.0% $831,075,5155.06 26.04%
Historically Underutilized Business Zone (HUBZone)​ 3.0% $246,274,266.79 7.73%​
Service-Disabled Veteran-Owned Small Business (SDVOSB) 3.0% $291,114,477.74 9.12%​
Women-Owned Small Business (WOSB) 5.0% $223,238,369.51 6.99%​

 

 

 

 

 

 

 

 

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