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8(a) Business Development (BD) Program Certification
What is the 8(a) Business Development Certification?
The U.S. Small Business Administration’s 8(a) Business Development Program was designed to help small disadvantaged businesses compete in the marketplace. In addition, there are special eligibility requirements and additional benefits within the 8(a) BD Program for companies owned by a Tribe, Alaskan Native Corporation (ANC), and Native Hawaiian Organization (NHO).
• This is achieved by providing business assistance to firms that are owned and controlled by a minimum of 51% by socially and economically disadvantaged individuals.
• The 8(a) Program is an essential instrument for helping socially and economically disadvantaged businesses gain access to the economic mainstream of American society. This program has helped thousands of aspiring businesspersons to gain a foothold in government contracting.
• This Program is divided into two phases over nine years: a four-year developmental stage and a five-year transition stage.
Benefits of the Program
• Program Participants can receive sole-source contracts, up to a maximum of $4 million for goods and services and $7.0 million for manufacturing. While SBA will help 8(a) firms build their competitive and institutional know-how, they also encourage businesses to participate in competitive acquisitions.
• 8(a) firms are also able to form joint ventures and team to bid on contracts. This enhances the capability of 8(a) firms to perform larger prime contracts.
• 8(a) firms also can participate in the Mentor-Protégé Program which allows Participants to increase their knowledge and experience from a more experienced business.
Who is eligible?
To be eligible for the program, a prospective applicant must meet the following requirements:
- The business must be majority-owned (51 or more) by an individual;
- The individual must be an American citizen, by birth or naturalization;
- The business must be majority-owned (51% or more) and controlled/managed by socially and economically disadvantaged individual(s).
- The individual(s) controlling and managing the firm on a full-time basis must meet the SBA requirement for disadvantage, by providing both social disadvantage and economic disadvantage;
- The business must be a small business;
- The business must demonstrate potential for success; and
- The principals must demonstrate good character.
Please note that separate eligibility requirements exist for a business owned by a Tribe Alaskan Native Corporation (ANC), or a Native Hawaiian Organization (NHO).
What Services Does Byerly Enterprises Offer?
We offer a full suite of services to companies interested in the 8(a) BD Program and to existing 8(a) Participants, including Tribally-Owned, ANC-owned and NHO-owned companies. For companies that meet the eligibility requirements and would like to apply to the 8(a) BD Program, we can help you through the application and certification process. This process can be daunting to those that have never been through it. For companies that have already been accepted to the program as Participants, we can assist you with your annual reporting requirements and ongoing compliance. For companies that are nearing the end of their 8(a)-program term or who are looking to the future, we can assist with strategic and structural planning.
• 8(a) Eligibility Determination and Consultation
• 8(a) Application and Certification Process
• 8(a) Business Plan
• 8(a) Annual Review and Ongoing Compliance
• Strategic Planning
• Succession Planning
I’m Still Interested
What Are The Next Steps?
Provide basic information
You will be required to provide some basic preliminary information in order to ensure that our call with you is as productive as possible.
During our initial 8(a) telephone consultation, we will conduct a detailed interview to determine the company’s eligibility for the 8(a) BD Program.