8(a) Business Development Program: The Benefits

Posted by Kevin Lancaster on Apr 17, 2015 4:07:14 PM

The 8(a) Business Development Program is one of the Small Business Administration’s (SBA’s) business assistance programs, which targets small disadvantaged businesses (SDB's). The 8(a) Program is designed to promote firms that are at least 51 % owned/controlled by socially and economically disadvantaged individuals. The program is divided into two phases: A four-year developmental stage and a five-year transition stage, for a total of nine years in the program.

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Topics: Government Business Development, 8(a)

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