The SBA’s 8(a) Business Development Program is a nine year program designed to assist socially and economically disadvantaged firms in their quest to succeed in the economic mainstream of the American society. In addition to providing access to specialized business training, counseling and marketing assistance, it helps firms gain a purchase in government contracting.
The nine year program is divided into two stages over nine years: the developmental stage and the transitional stage. Upon entering the transitional stage, the incumbent’s reliance on 8(a) generated revenue is gradually reduced. The overall goal of the program is that firms graduate and continue to thrive in their industry. For this reason, the program requires the certified participants to maintain a balance between their commercial and government business mix.
In general, socially disadvantaged individuals have been subjected to racial, or ethnic prejudice, or cultural bias within American society because of their identification as members of groups without regard to their individual qualities. Examples of designated groups include Black Americans; Native Americans; Asian Pacific Americans; and Hispanic Americans. Individuals outside of the regulatory designated groups must establish individual social disadvantage based upon a preponderance of evidence.
Here are some Success Story articles written about businesses that have graduated SBA’s 8(a) Program:
Is the SBA’s 8(a) Development Program Right for Your Company?
When: Thursday, February 1, 2018
Where: Conference Room
SBA’s Wichita District Office
220 W. Douglas, Suite 450
Wichita, KS 67203
Time: 10:00 – 11:00 a.m.
Please park in the Garvey Center parking garage. This office will validate your parking ticket. Please RSVP to Teri L. Taylor – 316-269-6426 – [email protected]