8(a) BUSINESS DEVELOPMENT PROGRAM
8(a) Certification
8(a) Business Development Certification is an SBA federal registration that designates your business at least 51% owned, operated, and controlled by socially and economically disadvantaged individual(s).
The program is designed to help small businesses overcome previous hardships by providing access to government contracts.
The SBA goal across all federal agencies is 5% of procurement spending with 8(a) Certified businesses.
The Federal Government has increased its goal for procurement spending across all small disadvantaged business to 15% annually.
8(a) Certification Benefits
Becoming certified to be eligible to compete for sole source and set-aside government contracts and with 10% pricing advantage with SBA support.
Your business can excel in government contracting on a level playing field. Enjoy benefits and the competitive edge that these programs offer.
8(a) Certification Eligibility
SBA Qualification Criteria:
*Economically Disadvantaged Individuals are defined as those for whom impaired access to financial opportunities has hampered the ability to compete in the free enterprise system, in contrast to people in similar businesses not identified as socially disadvantaged.
*Socially Disadvantaged Individuals are defined as those who have been historically subjected to racial or ethnic prejudice or cultural bias within the larger American culture. Identified groups: African Americans, Asian Pacific Americans, Hispanic Americans, Native Americans, and Subcontinent Asian Americans.
