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What is 8a Certification? Benefits and Details About the SBA Program

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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...

5 Ways You Can Improve Your 8a Certification Processing Time

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The 8a Certification Processing Time is never a stipulated period as the SBA might take more than the average time to review the application. Also, to prepare the application, arrange the documents and submitting the application altogether can take any amount of time. Broadly the 8a Certification Processing Time can be divided into two parts- first, the time taken by the applicant to prepare and submit the application and second, the time utilized by the SBA to review and eventually allow the company with the certification. On an average, it is estimated that it takes around six months to eight months to get the minority status by the applicant company. However, things might get delayed if there is a delay in any of the two division of approval. To avoid the delay, we here discuss the 5 ways to improve the 8a Certification Processing Time . First research very carefully about the requirements of the 8a program. Submit the application only after it is checked and rechecked t...