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: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 electronicallyCan 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
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?
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 ProgramCan you provide detail of how your social disadvantage has hurt your business? More Information