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Understanding 8(a) Government Contracts: A Simple Guide for Small Businesses

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Government contracts can be a great way for small businesses to grow. One of the best programs for this is the 8(a) Business Development Program. This program helps small businesses owned by socially and economically disadvantaged individuals. If you qualify, you can access special contracts with the federal government. These are called 8(a) government contracts. But what exactly are 8(a) government contracts? How can they benefit your business? And how do you get started? This blog will answer these questions in simple terms.   What Are 8(a) Government Contracts? The 8(a) Business Development Program is run by the U.S. Small Business Administration (SBA). It’s designed to help small businesses that face obstacles because of their background or economic situation. If your business qualifies, you can enter into the 8(a) program for nine years. During this time, you can receive training, counseling, and support. But one of the biggest benefits is access to 8(a) government contracts.