You Must Have Heard About People Talking About 8a Certification And The Benefits It Holds. But, What Is 8a Certification?

As written on sba.gov, "The 8(a) Business Development Program is a business assistance program for small disadvantaged businesses. 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."

 Benefits of 8a certification for small businesses in America:

 The 8a certification program is tremendously beneficial for socially and economically backward entrepreneurs and small business owners to gain access to the advantages of the vast economic infrastructure in the USA. 

Following are the benefits SBA 8a application and certification:


 1. 8a certified companies can receive soul-sourced contracts, up to $4 million for goods and services and $6.5 million for manufacturing. 

 2. Small businesses in America which have met the 8a certification eligibility and can now boast of an 8a status can compete for contracts which are set aside exclusively for 8a certified organizations.

 3. Companies which have passed all the rules of 8a application and are now 8a certified can also form JVs (joint ventures) or be teaming agreements to take on large multi-million dollar contracts in the USA. 

 4. 8a contracts take much less time to be awarded than most other procurement methods.



Requirements of 8a Certification as specified by SBA: 


 to be approved into the 8(a) BD program and become certified, your small business must be owned and controlled at least 51% by socially and economically disadvantaged individuals who are American citizens.

 You should also be able to demonstrate a potential for business success and possess good character. 

8a Certification Cost:

The US Government has made it free for applicants to file for small business administration 8a authorization. However, there may be one or two costs involved and you might have to pay them when required. Technically, 8a certification cost is null. 

Do you need 8a certification consultants?

The answer is "depends". If you think you can go through the extreme hassle of applying to the SBA 8a program to have the 8a certified status, then you don't need consultants. 

 So, if you are interested to get your business 8a certified, a great place to start is to visit our website https://www.ez8a.com/ and use our pre-qualification tool. Or you can give us a call at 859 442 1050 and within 10 minutes we can give you a good determination on whether you or your firm is in a good position to get 8a certified.
Location: 4 Interstate Access Rd c, Alexandria, KY 41001, USA

Comments

Post a Comment

Popular posts from this blog

What All Does It Take For Your 8a Certification Application To Get Approved?

Image
The dedication, personal involvement, passion, pragmatism and professionalism of some top 8a consulting firms like ez8a collectively has resulted in many satisfied customers over the years, who got the much need push to their entrepreneurial ambitions by getting their 8a certification application approved The reason behind the stellar success the top 8a consulting firms in getting their clients’ 8a certification application approved lies in their ability to simplify a difficult submission package and assist in organizing all the requirements into a doable task.  With years of experience which has now become an expertise, the top 8a consulting firms will make the entire process simple, easy and navigate you through all the usual roadblocks, hurdles and red flags that might come up on the path of you getting certified. . 8a certification application approvals help the clients as they get federal preferences in contract award which further helps them obtain the correct federal contra
Read more

Some Important Frequently Asked Question on SBA program

Image
In the USA if you want to grow your small business with the federal government you need to have proper certification after going through the sba 8a program. Here some frequently asked questions are discussed that generally, people ask about SBA 8a program. 1.Recorded as a hard copy my socially distraught account, how would I find supporting documentation? Supporting should documentation you can discover as much as possible. We search wherever for help. Search for old court records, get individual proclamations from old and momentum partners, neighbors, companions, and anybody that underpins your case. Look the web for any news about the area you are from and check the files of the neighborhood papers. This is a tedious piece of the procedure however don't undercut yourself. Supporting reports are the best approach to make your story solid. 2.Is my business an "Independent company?" The U.S. Independent venture Administration changes the quantity of yearly deals an
Read more

The 8a certified companies are earning huge profits from federal contracts

Image
The federal contracts procured by 8a certified companies are making them earn from a completely new market. They are actually pushed in the background in the US commercial market as they cannot compete with strong and powerful; competitors. This can be due to plenty of reasons such as disadvantage due to racial discrimination, bias treatment, lack of finance, shortage of funds and many more reasons. The federal gives them a chance to earn from their purchases. The federal is the world’s biggest buyer of goods and services. It buys almost everything, and so it has kept set-asides for these companies to help them grow and do the trade. The SBA certification program which gives these companies the eligibility certificate better known as 8a certificate to prove their potential to take the huge federal contracts. They also provide training, workshops, and mentor protégé aid which helps them further to establish in the federal market. Getting through the eligibility criteria is prett
Read more