What does “Set-aside” mean in grants?
A government contract reserved for a category of business: small, disadvantaged, veteran-owned, woman-owned, or HUBZone. Qualifying businesses compete against a much smaller field.
A common mix-up
What people assume: Money a funder saves for later.
What it means in grants: A government contract reserved for a type of business, such as small or veteran-owned.
Go further
The full guide: Small business set-asides: 8(a), HUBZone, WOSB, EDWOSB, and SDVOSB.
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