This document summarizes a presentation about SBA 8a certification. It introduces the presenters from Fed Bid Speed, Fierce Government, and a law firm. The presentation covers what an SBA 8a certification is, the key benefits it provides like limiting competition and setting aside federal procurements, the requirements companies and individuals must meet to qualify, and the typical time frames involved in the application and certification process. The document encourages participants to submit any questions and provides contact information for following up.
9. SBA 8a Certification
The Essentials!
SBA – Small Business Administration
8(a) …..
What is it exactly?
10. SBA 8a Certification
The Essentials!
Key Benefits / Advantages:
* Limit Competition
* Set Aside Federal Procurement
* 9 Year Program
11. SBA 8a Certification
The Essentials!
Company Requirements:
* Be a “small” business (NAICS Codes)
* At least 2 years in business
* Never been an 8(a) business
12. SBA 8a Certification
The Essentials!
Individual Owner Requirements:
* Social disadvantage
* Economic disadvantage:
* AGI
* Net Worth
* Overall Assets
13. Other Personal Requirements:
* 51% plus ownership
* Full-time dedication
* Highest officer
* Highest compensated
SBA 8a Certification
The Essentials!
14. SBA 8a Certification
The Essentials!
Time Frames:
* Complete Application 4 – 6 weeks
* SBA Processing 4 – 6 months
* Certification is valid for 9 Yrs
15. Thank You !!
Dear Participants,
Thank You for your time & participation!
Pease submit your questions via email & we will
answer as we have time.
The webinar is recorded and available at:
http://www.JenniferSchaus.com/events