What are the 8a certification requirements?

 


The 8a Business Development Initiative of the Small Business Administration (SBA) is a government program that assists small disadvantaged businesses in obtaining government contracts. The government's goal is to award at least 5% of all contracts to such companies each year.

How do I get SBA 8a certification? What are the 8a certification requirements?

Before you may take advantage of the benefits of 8a certification, you must meet the 8a Program's eligibility requirements.



8a certification requirements and criteria: 

Only small disadvantaged firms can pass the 8a certification requirements test, as previously indicated. The following are the exact criteria:

1. Small-scale enterprise

Only small market players are eligible for the program. Your three-year average revenue must not exceed a government-imposed limit. Here you can see if your company qualifies for the 8a program.

2. Participant for the first time

If your organization already has an 8(a) certification or has participated in the 8(a) program, you should not apply.

3. Unfavorable

Your business must be disadvantaged, as defined above: one that is owned and controlled (with at least 51 percent ownership) by socially and economically disadvantaged people.

The economically disadvantaged person is a US citizen with an average adjusted gross income of $250,000 or less over the previous three years, and the true value of his or her assets must not exceed $4 million.





4. The major owner's good character

This 8a qualification essentially indicates that the business owner should not have any criminal records, should not have previously violated SBA terms, should not be debarred or suspended, should not be incarcerated, or otherwise tied to a guilty plea, conviction, or other similar events. It's also against the law to willfully provide incorrect information for an 8a registration.

5. Possibility of success

The company must be able to demonstrate that it has the potential to succeed. This indicates that your company should have been on the market for a while (at least two years), primarily in the industry where you want to win 8a government contracts. To process GSA contracts, your organization must not be in debt and must have sufficient money and other capabilities (people, equipment, etc.).

How to apply for 8a SBA certification

You must first register with the System for Award Management before proceeding with SBA 8a certification (SAM). To log in to certify.sba.gov, you must first complete this step. Obtaining a SAM account automatically signifies that your company is properly registered, and has an EIN or TIN for tax purposes, and DUNS numbers.

Before beginning the registration process, make sure you have all of your company's governing documents, as well as any supplementary documents required for 8a business certification. Financial statements, copies of signed Federal personal and business tax returns, bank statements, personal history statements, and any other documentation the SBA considers necessary to determine your 8a certification requirements are all examples.

When you're ready, use the above 8a certification requirements checklist to see if your company qualifies for the 8a SBA Program, and then submit your 8a certification application electronically at certify.sba.gov.



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