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The 8 a program is an essential instrument for helping socially and economically disadvantaged entrepreneurs.
Sba section 8a. Sba gov starting managing managing a business forms small business forms 8 a business development forms 8 a business development bd program application facebook twitter. The sba connects entrepreneurs with lenders and funding to help them plan start and grow their business. As a contracting officer you can help socially and economically disadvantaged businesses get their fair share of contracting opportunities.
The federal government s goal is to award at least five percent of all federal contracting dollars to small disadvantaged businesses each year. The below information can be helpful to applicants trying to get their 8 a status under the sba section 8a program or for those already certified and are facing adverse decisions. You have been directed to certify sba gov from bdmis in order to submit the supporting documentation required for your 8 a application submission.
Small business administration sba could help small companies owned and operated by socially and economically disadvantaged persons develop their businesses. The 8 a business development program is a business assistance program for small disadvantaged businesses. The 8 a program name is from section 8 a of the small business act.
The 8 a program named for section 8 a of the small business act is designed to assist small disadvantaged businesses including tribally owned businesses to compete in the marketplace. Helpful information about the federal sba section 8a program. We support america s small businesses.
It is also designed to assist such entities in gaining access to federal and private procurement markets. Small business act section 8 a to help provide a level playing field for small businesses owned by socially and economically disadvantaged people or entities the government limits competition for certain contracts to businesses that participate in the 8 a business development program. The 8 a program offers a broad scope of assistance to firms that are owned and controlled at least 51 by socially and economically disadvantaged individuals.
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