What is 8a Certification? Benefits and Details About the SBA Program
The 8a certification is awarded to small and disadvantaged companies who are victims of racial discrimination pertaining to their ethnic background. Also, they suffer extreme competition from their strong and powerful competitors who push them in the background as they are much smaller in size and composition. As they are not able to perform in the US commercial market, the SBA provides them with 8a certification from the minority program. This program allows the company or firm with the potential to cater to the federal government a chance to do trade with the government agencies. However, anyone can do business in the federal market, but with the minority certification, these companies have an edge over their federal competitors. Also, some agencies prefer to buy from the SBA certified companies. To understand more and to take a break from reading, watch the video below. It has the complete info for you to understand about the 8A program. Who can qualify for...