{"ok":true,"canonical_url":"https://dealroom.so/glossary/set-aside","api_url":"https://dealroom.so/api/public/glossary/set-aside","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"set-aside","term":"Set-Aside","group":"Reading the business","definition":"A set-aside refers to government contracts or procurement opportunities reserved exclusively for specific categories of small businesses, like veteran-owned or women-owned firms.","what_it_means":"If the business you're acquiring relies on set-aside contracts, you must confirm your eligibility to continue receiving them under your ownership. A change in ownership can affect the business's classification and its ability to compete for these contracts. This impacts future revenue potential.","url":"https://dealroom.so/glossary/set-aside","official_sources":[{"slug":"13-cfr-part-120","title":"13 CFR Part 120 — Business Loans","official_url":"https://www.ecfr.gov/current/title-13/chapter-I/part-120","official_label":"View on eCFR","authority_tier":1,"publisher":"Office of the Federal Register","source_guide_url":"https://dealroom.so/sba-7a/sources/13-cfr-part-120"}],"related":[{"slug":"naics-code","term":"NAICS code","url":"https://dealroom.so/glossary/naics-code"},{"slug":"size-standard","term":"Size standard","url":"https://dealroom.so/glossary/size-standard"},{"slug":"compliance","term":"Compliance","url":"https://dealroom.so/glossary/compliance"},{"slug":"business-plan","term":"Business plan","url":"https://dealroom.so/glossary/business-plan"}],"related_questions":[{"question":"Does the SBA set specific repayment schedules for 7(a) loans?","url":"https://dealroom.so/sba-loans/basics/does-the-sba-set-specific-repayment-schedules-for-7-a-loans"},{"question":"How is the interest rate typically set for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/how-is-the-interest-rate-typically-set-for-an-sba-7-a-loan"},{"question":"Does the SBA set all the specific loan terms like interest rates and repayment?","url":"https://dealroom.so/sba-loans/basics/does-the-sba-set-all-the-specific-loan-terms-like-interest-rates-and-repayment"},{"question":"Does my business need to be set up as an LLC or Corporation for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/does-my-business-need-to-be-set-up-as-an-llc-or-corporation-for-an-sba-7-a-loan"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Set-Aside","url":"https://dealroom.so/glossary/set-aside","source_type":"DealRoom Data"}}