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Certification Services
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Phone: 727.476.7661
Email: [email protected]
Address: B2G Headquarters
905 E M.L. King Jr Drive
Suite 360/370
Tarpon Springs, FL 34689
The 8(a) Business Development Program, administered by the Small Business Administration (SBA), is a powerful tool designed to assist small businesses in gaining a competitive edge in the world of government contracting.
This program offers a range of benefits and opportunities that can significantly accelerate the growth and success of your business.
Benefits of the 8(a) Business Development Program
Participating in the 8(a) Business Development Program gives you access to many advantages that can help propel your business forward. Here are some key benefits to consider:
- Exclusive Access to Sole-Source Contracts: One of the most significant advantages of the 8(a) Program is the opportunity to compete for sole-source contracts, meaning you can secure government contracts without a lengthy competitive bidding process. This streamlined approach gives your business a competitive edge, increasing your chances of winning contracts and growing revenue.
- Mentor-Protégé Program: Through the 8(a) Program, you can form mutually beneficial partnerships with experienced and established government contractors. These mentors can provide invaluable guidance, knowledge, and resources to help your business thrive in the government contracting arena.
- Business Development Assistance: The 8(a) Program offers tailored business development assistance to help your company reach new heights. This includes access to specialized training, counseling, and support resources to enhance your business capabilities and maximize your chances of success.
- Set-Aside Contracts: The government sets aside a portion of its contracts exclusively for small businesses participating in the 8(a) Program. This increases your chances of securing contracts specifically designated for small businesses, creating a level playing field and opening doors to new opportunities.
Eligibility Requirements for the 8(a) Program
Your business must meet certain eligibility requirements to qualify for the 8(a) Business Development Program. These requirements are some of the hardest for all Government Certification programs to meet.
- The business must be 51% owned and controlled by a socially and economically disadvantaged individual.
- The primary applicant must hold the highest officer position and also must be highest compensated.
- The primary applicant must hold a license or professional certifications required to operate the business.
- The 51% owner must be a US citizen and also reside permanently in the US.
- The following individuals are presumed socially disadvantaged:
- African Americans
- Hispanic Americans
- Asian Pacific Americans
- Native Americans
- Subcontinent Asian Americans
- Demonstration of economic disadvantage is based on:
- Have a personal net worth of $850 thousand or less.
- Excludes equity/ownership in this business, primary personal residence, and any funds invested in retirement accounts or IRAs.
- If the applicant is married or the asset is jointly held, the split value 50/50.
- Personal income must not exceed $400,000.00, averaged over three years.
- Total assets must not exceed $6.5 million.
- Have a personal net worth of $850 thousand or less.
- Primary residence and equity/value of business is included.
- Retirement accounts/IRAs are not included.
- The applicant individual must devote full-time hours to the applicant’s business during normal business hours. Cannot have outside employment during regular business hours.
- The business must have generated revenue during the preceding two years and must be able to provide letters of reference for recent successful contract performance.
- Financial Statements must exhibit positive net income, positive net equity, and positive working capital at the time of application submission.
- 70% or more of the firm’s revenue cannot be derived from just one client UNLESS that customer is the Federal Government and the applicant is the prime contractor.
- 50% or more of the firm’s revenue cannot be derived from subcontracts.
- Applicant cannot have been convicted of a crime/felony.
- All federal debts must be paid.
B2G Connect: Your Go-To Resource for Attaining the 8(a) Certification
At B2G Connect, we specialize in simplifying the government contracting process and supporting businesses every step of the way in getting certified as an 8(a) firm
Our team of experts has extensive knowledge and experience in the government contracting arena, particularly in helping businesses attain 8(a) certification. We understand the ins and outs of the program, its requirements, and the necessary steps to achieve certification.
When you choose B2G Connect as your partner, you can expect:
- Comprehensive Guidance: Our team will guide you through the entire 8(a) certification process, ensuring you meet all eligibility requirements and submit a strong application that stands out to the SBA.
- Tailored Support: We provide personalized support and assistance tailored to your unique business needs. Whether developing a business plan, identifying strategic partners, or refining your capabilities statement, we’ll be by your side, equipping you with the resources and knowledge to succeed.
- Maximized Opportunities: With our deep understanding of the government contracting landscape, we’ll help position your business for success. From identifying contracting opportunities to connecting you with potential mentors and partners, the 8(a) will open doors for your business to thrive within the Program.
At B2G Connect, we’re committed to helping businesses unlock their potential and succeed in the lucrative world of government contracting. Contact us today to embark on your journey toward 8(a) certification and seize the multitude of opportunities waiting for you.
