Frequently Asked Questions
1. What is MySetAside?
MySetAside (MSA) is a cloud based and mobile application that helps Small Businesses to identify and compete for Federal, State/Local Governments, and corporate subcontracting opportunities that are designated for small or specially designated organizations (for example, Veteran Owned, Service Disabled Veteran Owned, Minority Owned, 8(a), Hub Zone, etc.) to meet market goals for diversity and inclusion. MySetAside brings together all the set aside opportunities in one central place along with easy to use communication and tracking features to help small businesses win set-aside contract opportunities.
MySetAside bundles advanced technology together with proven best practices and extensive industry knowledge to deliver truly unique tool kits for small business professionals to efficiently and cost effectively succeed in partnerships with Government and Corporate Teams on targeted small business contracts and set-asides.
MySetAside provides the key market data that small businesses truly need, along with advanced communication/collaboration capability, as well as easy to use checklists and templates to help winning contract efforts get started on the right track.
2. What is SBA and what is their function?
The U.S. Small Business Administration (SBA) was created in 1953 as an independent agency of the Federal Government to aid, counsel, assist and protect the interests of small business concerns. As part of this mission, SBA seeks to preserve free competitive enterprise with further goals to maintain and strengthen the overall economy of our nation. The SBA recognizes that small business is critical to the health of the economy and to building America's future for competing in today's global marketplace. Although SBA has grown and evolved in the years since it was established in 1953, the bottom line mission remains the same to this day.. The SBA helps Americans start, build and grow businesses. Through an extensive network of field offices and partnerships with public and private organizations, SBA delivers its services to people throughout the United States, Puerto Rico, the U. S. Virgin Islands and Guam.
3. How do I determine the business size?
The business size can be determined using the following SBA definition.
One of the first steps in becoming a government contractor is to accurately determine if you can qualify as small under SBA size standards. In other words, you must be defined as a small business when submitting proposals for small business contracts.
Since all federal agencies must use SBA size standards for contracts identified as small business, you need to select NAICS Code that best describe your business and then determine if the business meets size standards for the selected NAICS Code. SBA size standards are usually stated either in number of employees over the past 12 months, or average annual receipts over the past three years – whichever number represents the largest size of your business right now (including subsidiaries and affiliates). This number is what you will be using to remain classified as a small business for SBA and to bid on federal contracting programs. Size standards are available for every private sector industry in the U.S. economy, with the North American Industry Classification System (NAICS) used to identify the industries.
Find your NAICS Code. Go to the NAICS section of the Bureau of the Census website. Identify the NAICS Code(s) that best describe(s) your business activities. Also see Identifying Industry Codes for more helpful resources.
Determine your Industry's size standard using the Table of Small Business Size Standards. Match your NAICS Code(s) with the appropriate size standard(s).
You can also use SBA Size Standards Tool to find out if you qualify as a small business.
4. What is a Federal contract?
A federal contract is offered by the US government on continual basis through bids to small businesses, entrepreneurs and the reserved business categories under small disadvantaged and as well as under-privileged classifications including: 8 (a), Woman-owned, Veteran Owned, SDVOSB and HUB Zone registered under SBA.
The federal contracts market is worth more than $1.5 trillion in bids that are being offered through several departments of federal government that private businesses and agencies can win. Thousands of new and many upcoming federal opportunities are arising from the requirements of each department of the federal government every day, covering various verticals of services, industries, engineering, construction, telecommunication, computer, aerospace including defense and many more. Small businesses and entrepreneurs under special zone categories have thousands of business opportunities to take part in contracts offered by the Federal Government for the widest possible range of products, goods and services.
5. How to move forward after you found some of the right contract opportunities for your organization?
So you have found contract opportunities that you want to bid on, Now What? After you find contract opportunities through searching our MySetaside.com database the next steps are easy. MySetAside starts working for you to slice through the “to do” list and streamline a winning effort to provide your products and services to critical projects and initiatives for the government and also corporate partners
MySetAside helps you identify a contracting opportunity that is specifically suited to your small business set-aside profile, team capabilities, and expertise. Once you identify an opportunity, MySetAside then provides easy to use mobile and web-based download applications for accessing and sharing database contents, enabling your teams to more easily move through the contract acquisition process.
MySetAside users can reach out directly to point of contacts listed on the website, as well as post general messages to community exchange boards and other specialized forums within the website to reach wider audiences.
Small Business users can reach out via MySetAside to Government Agencies and Corporate contacts to discuss upcoming opportunties, while at same time Government or Large Corporation Staff have the ability via MySetAside to engage directly within the small and specialized status business community, having dedicated access to MSA systems, web pages, project calendars, and small business point of contacts.
MySetAside provides optional easy-to-use checklists, templates, and worksheets to track opportunity milestones, deliverable dates, sample project artifacts, contractor best practices, and other helpful toolkits. These worksheets are standardized and can be linked to Microsoft Office and other popular productity applications to ensure users have the most wide range of choices for managing their contract opportunities. and deliverable due dates.
6. How is MySetAside (MSA) Different from anything else available to small business?
- MSA is designed specifically for small business to help identify, manage, and respond to market opportunities.
- MSA focuses upon the very basic core functions that matter most, and does not include expensive extras that can cloud critical path activities and overburden tight operating budgets.
- A key feature of MSA is the ability of Government or Large Corporation Staff to engage directly with the business community, having dedicated access to MSA systems, web pages, and project calendars.
- MSA also enables users to perform market outreach, teaming communications, and teaming partnership formation, saving time, costs, and improving performance on winning deals.
- MSA tracks Federal, State, and Local small business opportunities with special emphasis on DC Metro area.
- MSA links with Mobile Devices to provide true “on-the-ground” capability for small business teams that are constantly in motion.
- MSA provides easy to use links that enable rapid customization and solution development over a wide range of business environments and applications.
- MSA provides both an internal calendar functions and standard links to Microsoft Office and other popular Toolkits to ensure users have most wide range of choices for managing their contract opportunities and deliverable due dates.
Signup Now and start getting small business set aside contracts. Or Contact Us if You Need any help.
7. What is a DUNS Number?
Before you can bid on government proposals, you need to obtain a Dun & Bradstreet, or D-U-N-S Number, a unique nine-digit identification number for each physical location of your business. D-U-N-S Number assignment is free for all businesses required to register with the federal government for contracts or grants.
8. What do I need to get my D-U-N-S Number?
When registering for your D-U-N-S Number, you will need the following on hand:
- Legal name.
- Headquarters name and address for your business.
- Doing Business As (DBA) or other name by which your business is commonly recognized.
- Physical address, city, state and ZIP Code.
- Mailing address (if separate from headquarters and/or physical address).
- Telephone number.
- Contact name and title.
- Number of employees at your physical location.
- Whether you are a Home-Based Business
9. How do I get my D-U-N-S Number?
Good news! Getting your D-U-N-S Number is easy. Visit D-U-N-S Request Service to obtain more detailed instructions on applying for your D-U-N-S Number.
10. What is a CAGE Code?
The Commercial and Government Entity Code, or CAGE Code, is a unique identifier assigned to suppliers to various government or defense agencies, as well as to government agencies themselves and also various organizations. CAGE codes provide a standardized method of identifying a given facility at a specific location.
11. How do I get my Cage Code?
Gather the appropriate documentation. You must provide your Employer Identification Number (EIN) or Tax ID number (TIN) and a Data Universal Numbering System number (DUNS). You can obtain the EIN or TIN form the Internal Revenue Service website. You can obtain a DUNS number from the Dun & Bradstreet website.
Go to the System for Award Management website Sam.gov.
Create a User account and then register your business. Once you have registered your business the SAM will automatically assign you a Cage Code.
Check the Status of your registration on the next business day. Your Cage Code is typically assigned within 1-5 Business days.
12. What is a NAICS Code?
The North American Industry Classification System (NAICS) classifies business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. economy. The NAICS industry codes define establishments based on the activities in which they are primarily engaged. NAICS codes are also used for administrative, contracting, and tax purposes. NAICS is production oriented (not product oriented) and categorizes businesses with others that have similar methods of production.
13. How do I find my NAICS code?
Visit the United States Census Bureau NAICS website to identify your NAICS code(s). We recommend using a single word for a search term. You can truncate your search term to get even more results, and then select from them the most appropriate for you.