SBA 8(A) Certification
SBA 8(A) Certification
Establishing your small business as a federal contractor doesn’t have to be an uphill battle. With the Small Business Administration (SBA) 8(a) certification, you can compete for the five percent of federal contracting dollars that are set aside for disadvantaged small businesses. Explore the 8(a) program, application process, and benefits today.
Establishing your small business as a federal contractor doesn’t have to be an uphill battle. With the Small Business Administration (SBA) 8(a) certification, you can compete for the five percent of federal contracting dollars that are set aside for disadvantaged small businesses. Explore the 8(a) program, application process, and benefits today.
Key Features of SBA 8(a) Certification
The U.S. government dedicates 23 percent of its federal contracts to small businesses and reserves the other 33.7 percent of large contracts over $700,000 for small subcontracted companies. The 8(a) program is an essential instrument to financially help owners of economically disadvantaged small businesses to gain access to the economic mainstream of American society. The 8(a) program also helps thousands of entrepreneurs gain access to Federal Government contracting.
A diverse range of small businesses may qualify as disadvantaged. Here are some groups that may be eligible under SBA guidelines:
- Community Development Corporations
- Indian tribes
- Alaska Native corporations
- Native Hawaiian organizations
Benefits of SBA 8(a) Certification
Among other competitive advantages, 8(a) certified companies may also:
- Form strategic alliances through Joint Ventures (JV) and form teams under contractor teaming agreements (TAs) to bid for multimillion-dollar contracts. This improves the ability of companies with 8(a) certification to participate in larger contracts, mitigating the effects of contract bundling.
- Participants may qualify to receive sole-source contracts (e.g.- no-bid contracts) for a maximum of $4 million for services and $6.5 million each for manufactured goods.
- The SBA assigns and dedicates staff to companies to be more competitive, providing institutional procurement technical assistance through its mentoring and developmental programs.
Only 7,000 firms out of the 28 million in the US are part of this elite contracting program and $50 billion are distributed annually in exclusive contracts for those who are certified. The SBA Mentor-Protégé Program allows 8(a) certified companies to learn the characteristic traits of their industry from more experienced companies, leveraging their skills with accumulated experiences and officially approved resources, as well as supervised strategic alliances.
How To Apply for SBA 8(a) Certification
Reach out to Rafael Marrero & Company to learn more about the application process. We guide you through the process to save time and avoid headaches. Here are some of the key eligibility criteria, as defined by SBA:
- Own a small business
- Not be a previous 8(a) program participant
- Be at least 51 percent owned and controlled by one or more U.S. citizens who qualify as economically and socially disadvantaged
- Demonstrate good character and the potential for success
- Have $750,000 or less in personal net worth, $6 million or less in personal assets, and $350,000 or less in adjusted gross income
Save Time in the Certification Process With Rafael Marrero & Company
Learn how to apply for SBA 8(a) certification today. Request a free consultation with Rafael Marrero & Company to navigate this process.
Key Features of SBA 8(a) Certification
The U.S. government dedicates 23 percent of its federal contracts to small businesses and reserves the other 33.7 percent of large contracts over $700,000 for small subcontracted companies. The 8(a) program is an essential instrument to financially help owners of economically disadvantaged small businesses to gain access to the economic mainstream of American society. The 8(a) program also helps thousands of entrepreneurs gain access to Federal Government contracting.
A diverse range of small businesses may qualify as disadvantaged. Here are some groups that may be eligible under SBA guidelines:
- Community Development Corporations
- Indian tribes
- Alaska Native corporations
- Native Hawaiian organizations
Benefits of SBA 8(a) Certification
Among other competitive advantages, 8(a) certified companies may also:
- Form strategic alliances through Joint Ventures (JV) and form teams under contractor teaming agreements (TAs) to bid for multimillion-dollar contracts. This improves the ability of companies with 8(a) certification to participate in larger contracts, mitigating the effects of contract bundling.
- Participants may qualify to receive sole-source contracts (e.g.- no-bid contracts) for a maximum of $4 million for services and $6.5 million each for manufactured goods.
- The SBA assigns and dedicates staff to companies to be more competitive, providing institutional procurement technical assistance through its mentoring and developmental programs.
Only 7,000 firms out of the 28 million in the US are part of this elite contracting program and $50 billion are distributed annually in exclusive contracts for those who are certified. The SBA Mentor-Protégé Program allows 8(a) certified companies to learn the characteristic traits of their industry from more experienced companies, leveraging their skills with accumulated experiences and officially approved resources, as well as supervised strategic alliances.
How To Apply for SBA 8(a) Certification
Reach out to Rafael Marrero & Company to learn more about the application process. We guide you through the process to save time and avoid headaches. Here are some of the key eligibility criteria, as defined by SBA:
- Own a small business
- Not be a previous 8(a) program participant
- Be at least 51 percent owned and controlled by one or more U.S. citizens who qualify as economically and socially disadvantaged
- Demonstrate good character and the potential for success
- Have $750,000 or less in personal net worth, $6 million or less in personal assets, and $350,000 or less in adjusted gross income
Save Time in the Certification Process With Rafael Marrero & Company
Learn how to apply for SBA 8(a) certification today. Request a free consultation with Rafael Marrero & Company to navigate this process.
Initial Consultation - Free of Cost
The certification process for the 8 (a) Program is time consuming. Fortunately, Rafael Marrero & Company saves you the headaches of applying.