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Who Are Eligible For 8a Certification Program?

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An instrument for helping socially and economically disadvantaged entrepreneurs gain access to the economic mainstream of American society, a Certified 8(a) Firm is a firm that is eligible to receive eligible to receive federal contracts under the Small Business Administration 's 8(a) Business Development Program. 8a Certification which is actually a business assistance program divided into two phases over nine years for is accredited by SBA (Small Business Administration) which assists in the development of small businesses owned and operated by individuals who are socially and economically disadvantaged, such as women, minorities and service disabled veterans and have faced cultural bias or prejudice for the same. The eligibility for 8a certification is that the business must be owned and controlled at least 51% by “socially and economically disadvantaged” citizens, can get help se A business can remain for a maximum of nine years, as long as certain criteria are met once ac...

Following Costs are included in 8a certification application process

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While requesting for SBA 8a certification, it is quite likely that you may overlook the costs or charges included in the procedure. This is primarily due to the reason that the US government has made it free for applicants to file for small business administration 8a authorization. A candidate has to complete the 8a certification application procedure in positive way by following all the 7 rules or guidelines of 8a certification Although applying for federal contracts does not charge anything, there are few costs included while organizing the application material. Such charges may include: Legal documents of Company formation It is crucial to present the company's training documents to finish the process of small business 8a without fail. In the event that you lose or lose those papers, it is quite certain that the SBA's application will be rejected. SBA never gives consent to incomplete company formation documents. To obtain new photocopies, your status will sur...