SBA 8(A) Certification Information & Benefits

Checking the applications many times for 8a certification might make you feel that you did a good job, but still if the application gets rejected or denied you are left in awe. So, to avoid such unfortunate instances we here want you to alert with 5 common yet the most overlooked mistakes done commonly by all applicants. Here are the 5 common mistakes done in the application for 8a certification 1.Not checking the waivers on the criteria for the program. 2. Not knowing the program criteria and the supporting documents are not submitted                       (Here’s the Video which makes you understand the criteria in detail.) 3.Not notarizing the required documents 4. Not signing the documents properly, there are differences in the signature. 5. The arrangements of documents are in poor condition. Why avoid cancellation of the application The cancellation of the application for 8a certification means loss of time and effort which is estimated from 4- 6 months. Now, the applica

The 8a certification benefits are plenty and the participant is never disappointed if he gets the chance to procure the certification for the company. But, claiming the federal contracts is not the sole benefit for the company owner. Though government contracting is the primary reason, the other advantage includes learning the federal contracting process, attending workshops, learning tricks or methods to compete with the competitors and learn how to submit the proposal and other important activities. The participation term is once in a lifetime for any company and lasts for nine years. This time is sufficient enough for the small and disadvantaged company to grow and expand.  Growing and establishing itself is one of the most important 8a certification benefits . To participate in the program the criteria is simple and clear. But, the entrepreneur needs to be very careful with the application process. It is so because the application and the supporting documents prove that the

The sba 8a certification is the contracting vehicle for the federal by vendors who are mostly entrepreneurs of small and disadvantaged companies. The aim of the program is to facilitate these companies who are overshadowed by the strong and powerful competitors in the commercial market. The need to enter the minority program by small and disadvantaged companies The federal provides opportunities to these companies by buying from them. The government and its agencies have kept set-asides from it total purchases for these companies. This is a golden and very rewarding opportunity for them. More about the 8a program The sba 8a certification is the certification which proves the eligibility of company and the owner to meet requirements for federal contracts. The federal places order in bulk and buy with huge discounts. Only a handful of companies are able to sustain the demand and if these companies are able to prove their merit; they can be awarded the certification. However, eve

The consultants for SBA 8a certification help the applicant to understand everything about the minority program and help them to get on the program. The reason to enter the program The companies with 8a certification enter the program to develop the capabilities of the dependent company help the dependent company to achieve the goals designed by the SBA standard business  plan it will help the protégé capacity to complete the contract Financial aid in the program Aid is required by the dependent company in any form. The protégé is also entitled or eligible for financial aid by the mentor company. Mentors can have up to 40% of the protégé to help it to increase or to raise the capital. The SBA provides mentor protégé to companies with SBA 8a certification for business development assistance to the successful firms. The only aim of the Mentor Protégé program is to build the potential of the participants to gain entrepreneurial success. It also helps in contributing to the stre

What is the purpose of 8a Certification application? The program sole purpose is to help the businesses/firms owned by disadvantaged people to get their market share in the US by doing business with the federal and its agencies. it is legislated to facilitate the business development program. Is 8a program a contracting or a business developing program?   It is clearly a business development program under the SBA. What is the term to be on the program? The term is for a total of 9 years for any company/firm to be on the 8a program. However, a company can voluntarily remove itself from the certification. Violation of any rule or condition can cause termination of the certification as well. Can an employee prepare the 8a Certification application? The application can be prepared by anyone, the owner, employee, or the accountant of the company. It is done to reduce the fees paid to the consultant for the application process. However, many applications are rejected by the SBA a

The 8a certification application can get canceled if the form is not filled correctly and the supporting documents are not establishing the eligibility of the applicant. These mistakes are very small and can be done by anyone who wants to take part in the minority program. Dig deeper and you will be surprised to find how intricate and detailed the requirements for 8a certification application are. For eligibility criteria, one definitely should be well aware of the requirements. For better and quick revision we have the vlog about the program given at the beginning. The common mistakes are Missing out something to fill in the form. Wrong and incorrect spelling. Not submitting the required documents along with the 8a certification application. The documents are not sufficient to establish the ownership rights of the applicant. There plenty of errors regarding the arrangement of documents. There are waivers to certain eligibility criteria, need to prove which requires docum

There are plenty of 8a certification benefits for small and disadvantaged companies and firms. These are almost similar for all types of enterprises, but they might vary for some. However, we here list the very common but amazing benefits that are for every company with the SBA certification. The common benefits are 1.The companies on the 8a list are entitled to attend workshops organized by the SBA regularly. These workshops train them to perform in the overcrowded market and gain the knowledge of entrepreneurship. 2.The mentor protégé program is one of very important 8a certification benefits. It gives them the opportunity to collaborate with big companies and bid for huge contracts which they are not able to do single-handedly. 3.The right attention with the 8a certification. The federal market is highly competitive and overcrowded. But the companies on the 8a program get the right attention and focus as they are already certified to meet the federal demand for quality ser