8(a) Business Development Program
Plain English Summary
Helps socially disadvantaged small business owners compete for federal contracts through the 8(a) development program.
Full Text
The 8(a) Business Development program assists small disadvantaged businesses compete in the marketplace by providing access to federal contracting opportunities, business development assistance, and mentoring. Eligible firms must be unconditionally owned and controlled by socially and economically disadvantaged individuals who are U.S. citizens.
Participants may receive sole-source and competitive set-aside contracts from federal agencies. The program has a nine-year term divided into a four-year developmental stage and a five-year transitional stage. Participants must meet continuing eligibility requirements.
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