7.1 Small businesses, including small businesses owned by women, minorities and service disabled veterans and micro businesses

7.1.1 Overview

VITA is dedicated to dramatically increasing IT value to the Commonwealth by providing world-class IT goods and services at competitive prices and rates. In conjunction, VITA is committed to increasing procurement opportunities for small businesses, including small businesses owned by women-, minority- and service disabled veteran-owned businesses and micro businesses. These small businesses can often provide innovative IT goods and services not readily available through larger corporations while fostering opportunities for small businesses. In line with these efforts, VITA is committed to enable a minimum of three percent (3%) participation by service-disabled veteran businesses as defined in § 2.2-2001 and § 2.2-4310 of the Code of Virginia when contracting for IT goods and services by VITA and by agencies under VITA's delegation authority. For more details on VITA's efforts to encourage small business participation, refer to Appendix A. Refer to Virginia Public Procurement Act (VPPA§ 2.2-4310(E) for definitions of small, women-, minority- and service disabled veteran-owned businesses. Micro businesses are defined in Executive Order 20 (2014) as "certified small businesses that have no more than twenty-five (25) employees and no more than $3 million in average revenue over the three-year period prior to their certification.