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FEDERAL
SBA 8(a) Business Development Program
SBA 8(a) provides a 9-year development program for socially and economically disadvantaged businesses, including exclusive access to federal contract set-asides, sole-source awards, and business development mentoring.
About this program
Visit the program website for full details.
Eligibility
U.S. small businesses 51%+ owned by socially disadvantaged individuals; personal net worth under $750K, adjusted gross income under $400K on average, assets under $6M.
Requirements
- 51% owned by socially or economically disadvantaged individual(s)
- Owner must personally manage and control the business
- Personal net worth under $750,000