{"id":21633,"date":"2023-01-17T23:51:00","date_gmt":"2023-01-17T23:51:00","guid":{"rendered":"https:\/\/businessyield.com\/?p=21633"},"modified":"2023-01-19T15:01:21","modified_gmt":"2023-01-19T15:01:21","slug":"8a-certification","status":"publish","type":"post","link":"https:\/\/businessyield.com\/certification\/8a-certification\/","title":{"rendered":"8A CERTIFICATION: Definition, Requirements, Checklist, and Cost (+All You Need)","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"\n

Whenever someone mentions that the company has 8a certification, it basically implies that the company applied for the SBA 8a Business Development Program and was found to be eligible for 8a certification by the government because it meets all of the program’s requirements.<\/p>\n\n\n\n

The Small Business Association <\/a>(SBA) of America’s 8(a) certification is a diversity ownership certification. The certification is for enterprises that are at least 51 percent owned and run by SBA-designated socially and economically disadvantaged people. Businesses that are 8(a) accredited receive access to government-limited contracts and are automatically enrolled in the Small Business Administration. <\/p>\n\n\n\n

In this article, you are going to learn all that you need to know about 8a certification and how to go about getting certified. <\/p>\n\n\n\n

What is 8a Certification?<\/span><\/h2>\n\n\n\n

According to the Small Business<\/a> Administration, the 8a Business Development program satisfies the federal government’s goal of allocating 5 percent or more of contract money to small, disadvantaged firms.<\/p>\n\n\n\n

This federal assistance program helps small enterprises managed by Americans who are both economically and socially disadvantaged. There are various 8a certification benefits when persons who are both economically and socially disadvantaged own and control 51 percent or more of a company (see the next section).<\/p>\n\n\n\n

The 8a Business Development Program is a key opportunity for economically and socially disadvantaged small business owners in making this achievable. According to the federal Minority Report, it allows many minorities access to “the economic mainstream of American society.”<\/p>\n\n\n\n

With 8a certification, you can get business counseling, procurement advice, mentorship, surety bonding, training, and financial aid, as well as additional technical and management support.<\/p>\n\n\n\n

WHAT IS THE SBA 8A PROGRAM FOR BUSINESS DEVELOPMENT?<\/span><\/h2>\n\n\n\n

The Small Business Administration’s (SBA) 8a Business Development Initiative is a government program that assists small disadvantaged firms in obtaining government contracts. In particular, the government’s annual goal is to award at least 5% of all contracts to such firms.<\/p>\n\n\n\n

See our article on SBA Grant<\/a>.<\/p>\n\n\n\n

8A PROGRAM BENEFITS<\/span><\/h3>\n\n\n\n