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Type in your NAICS or a description of your business to see how much the Federal Government has awarded in your field.

Change your NAICS Code NAICS Code:
Description:
Amount awarded in FY21:

Readiness: Is your business ready to take full advantage of the 8(a) Business Development Program?

Is your company generating revenue?

SBA requires two years of revenue to show that you are ready for the 8(a) Business Development Program. However, SBA may waive this requirement if you can provide other evidence that your company is ready for the program. Click here to learn more.

Do you have a track record of delivering quality goods and services on time and within budget?

The best way to show that your company is ready for the 8(a) Business Development Program is to have a track record of successful performance

Can you invoice and receive payments electronically?

You will be required to invoice and receive payments electronically

Can you cover your costs (hire personnel, purchase equipment, cover overhead expenses, etc.) prior to receiving your first payment?

You'll need to have sufficient capital to cover contract start-up costs before you receive your first payment. Check out SBA's Fund Your Business for helpful resources

Based on your responses, you may benefit from waiting to apply for the 8(a) Business Development Program until you are ready to take full advantage of the 9-year program term.You can find free local assistance here.

Based on the responses you provided above, you appear ready to apply for the 8(a) Business Development Program.

Eligibility: Are you eligible for the 8(a) Business Development Program?

Do you own and control a small business located in the U.S.?

You must own and control a small business in the U.S. to participate in the 8(a) Business Development Program

Are you under the financial limits?

  1. Annual personal income: $400,000 per year
  2. Net worth: $850,000 (Value of everything you own minus the value of everything you owe: $850,000 not including the value of your home, company, or retirement accounts)
  3. Total assets: $6.5 million (Not including retirement accounts)
You must be economically disadvantaged to participate in the 8(a) Business Development Program

Can you provide reliable annual financial statements (Balance Sheet and Income Statement)?

SBA needs to review reliable financial statements to determine if your company is ready for the 8(a) Business Development Program

Are you a U.S citizen?

You must be a U.S. citizen to participate in the 8(a) Business Development Program

Can you provide detail of how your social disadvantage has hurt your business? More Information

  1. Native American
  2. Black American
  3. Hispanic American
  4. Asian Pacific American
  5. Subcontinent Asian American
  6. I believe I am socially disadvantaged for another reason