Jennifer Schaus JSchaus@JenniferSchaus.com hosts a series of Government Contracting webinars. This session covers the 8a Small Business Certification process. Full audio & video available at: http://youtu.be/xrYcRJuv3vY
9. SBA 8a Certification
The Essentials!
SBA – Small Business Administration
8(a) …..
What is it exactly?
10. SBA 8a Certification
The Essentials!
Key Benefits / Advantages:
* Limit Competition
* Set Aside Federal Procurement
* 9 Year Program
11. SBA 8a Certification
The Essentials!
Company Requirements:
* Be a “small” business (NAICS Codes)
* At least 2 years in business
* Never been an 8(a) business
12. SBA 8a Certification
The Essentials!
Individual Owner Requirements:
* Social disadvantage
* Economic disadvantage:
* AGI
* Net Worth
* Overall Assets
13. Other Personal Requirements:
* 51% plus ownership
* Full-time dedication
* Highest officer
* Highest compensated
SBA 8a Certification
The Essentials!
14. SBA 8a Certification
The Essentials!
Time Frames:
* Complete Application 4 – 6 weeks
* SBA Processing 4 – 6 months
* Certification is valid for 9 Yrs