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Showing posts from June, 2018

Top 5 Criteria to Get 8a Certification for Small Businesses

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As an applicant to the minority program, it is important to understand the criteria for  8a certification . Reason to understand the 5 criteria is the strict checking by SBA of every application received by them for the certification. It is not easy to become a participant in federal trade. More than 75% of the applications are rejected by the SBA and the reasons are never discussed or informed. Even the smallest error like the wrong arrangement of documents, missing to fill some info on the application or even leaving a stapler with the documents are reason enough to trigger the rejection/ denial. Benefits of the Minority Program There are plenty of benefits to getting the  8a certification  by small and disadvantaged companies. They are more chances of getting them awarded with the federal contracts as they are preferred by some of the federal agencies. Although anyone can apply for the contracts, the federal have set-asides for these disadvantaged companies fro

Top 5 Frequently Asked Question for 8(a) Certification

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The applicant for the 8a certification needs to find answers to certain queries and we have listed the frequently asked questions by the applicant. The answers are from the experts who know the details of the minority program very well. We also present a vlog by an expert who gives a knowledgeable insight into the 8a program. 1) Is the participation for minority program is the only way to Federal trade? No, anyone can apply for federal contracts. There is no restriction for anyone for federal contracts. However, with the 8a certification , the companies have an edge over their competitors as they are preferred by some of the government agencies. 2)   Does getting the certification guarantee federal contracts? Every applicant has to strive on its own for federal contracts. There is no surety for contracts with the certification. The SBA trains the disadvantaged companies with many workshops, training classes to apply for the contract correctly, in the heavily

5 Most Common 8A Certification Benefits

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The companies which are on the minority program by SBA get access to the federal market in a streamlined way, but there are other  8a certification benefits  as well. This makes the program very much popular among the disadvantaged companies which are not able to get a fair chance to perform in the commercial market. Apart from increasing the opportunity, the other benefits of the 8 A program are -  1.         Ample time to set the footing - it is sort of entry level which lasts for a considerable amount of nine long years, enough time for any company to establish itself. The  8a certification benefits  them to do business with the Federal and its agencies as well. The eligibility criteria is simple yet it takes a long time as the application is closely review and reviewed by the SBA before awarding the certification. 2.       Mentor protégé - since the small companies cannot undertake huge federal orders they can collaborate with other companies which act as mentor pro