How do I find an 8a company?
How do I find an 8a company?
5 Ways to Find 8a Contract Opportunities
- Visit the Federal Business Opportunities web site.
- View each Federal agency’s long range acquisition forecast (LRAE).
- Contact each Federal agency’s OSDBU (Office of Small Disadvantaged Business Utilization) office.
- Visit the Federal Procurement Data System web site.
What is a Super 8a company?
Super 8(a) businesses are firms that are owned by Indian tribes, Alaskan Native Corporations (ANCs), and Native Hawaiian Organizations (NHOs). An agency may make a sole-source award above this threshold to an Alaskan native corporation or a firm owned by an Indian tribe.
What does SBA 8a mean?
Business Development Program
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. Business counseling. Training. Financial assistance.
How many 8a companies are there?
Of all the businesses in the United States (more than 24 million approximately), fewer than 9,000 have been 8a certified.
Who qualifies for 8a status?
Must be an economically disadvantaged individual. For the 8(a) program this means all applicant individuals must have a net worth of $250,000 or less, excluding the value of the business and personal residence. Must be in business for at least two years or apply for a waiver of the two-year requirement.
How long does it take to get 8a certified?
We typically get companies certified in 45 days although it can take up to 90 days and we have had some certified in as little as 25 days. We will stay on top of your application and push it along in our process as fast as possible; we know how important time is.
What are the benefits of 8a certification?
Program benefits Disadvantaged businesses in the 8(a) program can: Compete for set-aside and sole-source contracts in the program. Get a Business Opportunity Specialist to help navigate federal contracting. Form joint ventures with established businesses through the SBA’s Mentor-Protégé Program.
How long does it take to get SBA 8a certified?
How long is the SBA 8a program?
Participation in the program is divided into two phases over nine years: a four-year developmental stage and a five-year transition stage. The overall program goal is to graduate 8(a) firms that will go on to thrive in a competitive business environment. There are some requirements in place to help achieve this goal.
Is 8a Certification helpful?
An 8a certification will greatly increase the effectiveness of a GSA Schedule. When a federal procurement officer visits GSA Advantage the web porthole for GSA buying those procurement officers always seek out 8a firms first. This gives 8a firms an estimated 300% advantage over their non-8a GSA Schedule peers.
How long is 8a certification good for?
The 8a program has a nine-year life span which is divided into two phases: an initial four-year developmental stage and a final five-year transition stage.
What does SBA certified mean?
SBA (8a) is an ownership/diversity certification sponsored by the Small Business Association (SBA) of the United States government. This certification is intended for organizations that are owned and controlled at least 51% by socially and economically disadvantaged individuals.
How does the SBA 8 ( a ) business development program work?
Disadvantaged businesses in the 8 (a) program can: Compete for set-aside and sole-source contracts in the program Get a Business Opportunity Specialist to help navigate federal contracting Form joint ventures with established businesses through the SBA’s Mentor-Protégé Program
Where can I find 8 ( a ) program certified businesses?
As part of your market research, you can find 8 (a) program-certified businesses using the SBA’s Dynamic Small Business Search (DSBS). Additionally, you can: Get personal assistance from the SBA’s local district offices Contact your agency’s Office of Small & Disadvantaged Business Utilization or your Agency Small Business Specialist
Do you need to certify your business with the SBA?
Want to Certify your Company? All information is from government and other sources believed to be reliable. Business Research Services Inc. assumes no liability for errors or omissions. The comprehensive source for current information on federally-certified minority and woman-owned businesses.
Can a business challenge its eligibility for the 8 a program?
No one may challenge a business’ eligibility in the 8 (a) program based on ownership and control, according to the regulations outlined in 13 CFR 124.517. Regulations governing the 8 (a) program are outlined in 13 CFR 124 and FAR 19.8.
How do I find an 8a company? 5 Ways to Find 8a Contract Opportunities Visit the Federal Business Opportunities web site. View each Federal agency’s long range acquisition forecast (LRAE). Contact each Federal agency’s OSDBU (Office of Small Disadvantaged Business Utilization) office. Visit the Federal Procurement Data System web site. What is a Super 8a…