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Aspiring 8a

Drive Business Success with 8(a) Certification

The SBA 8(a) Business Development Program is designed to help small businesses, particularly those owned by disadvantaged individuals, access federal contracts and improve their business skills.

The 8(a) BD Program provides support for eligible small businesses, helping them compete for government contracts. Benefits include long-term contracts, mentorship, and resources for growth.

 

Key Trends in 8(a) Contracting

From 2021 to 2023, there has been a significant increase in the total contract dollars awarded to 8(a) firms:

2021: $19.5 Billion

2022: $21.3 Billion (an increase of about 9% from the previous year)

2023: $24.4 Billion (an increase of about 15% from 2022)

2024: $25.9 Billion (an increase of about 6% from 2023)

 

8(a) firms have experienced steady growth in awarded federal contracts—nearly a 33% increase from 2021 to 2024.

This consistent growth from 2021 through 2024 highlights increasing federal investment and reliance on 8(a) firms—suggesting rising confidence in their capabilities and alignment with broader policy goals to broaden contracting access.

 

Benefits of Being 8(a) Certified

Access to Set-Aside and Sole-Source Contracts:

The 8(a) Certification qualifies your business as eligible to compete for the program’s set-aside and sole-source contracts. The government authorizes sole-source contracts to 8(a) participants for up to $7 Million for acquisitions assigned manufacturing North American Industry Classification System (NAICS) codes and $4.5 Million for all other acquisitions. For entity-owned 8(a) program participants, sole-source contracts can exceed these thresholds, though specific governmental approvals are required for contracts exceeding $100 Million for the Department of Defense and $25 Million for other federal agencies.

 

Business Support: You get help from experts who can guide you in reaching your business goals over a nine-year period.

 

Mentorship: You can partner with more experienced companies for guidance and support.

 

Joint Ventures: You can team up with other businesses to take on larger contracts.

 

Additional Opportunities: Being certified may allow you to compete for more government contracts in different categories.

 

Key Takeaways for Aspiring 8(a) Firms

Learn About the Program: Make sure you meet all eligibility requirements for certification.

Network: Connect with existing 8(a) firms and attend SBA events for valuable insights.

Tailor Your Proposals: Research contract opportunities and align your skills to meet them.

Prepare for Competition: Focus on what makes your business unique to stand out.

Stay Updated: Keep informed about trends and policy changes in government contracting.

 

The SBA 8(a) BD Program can open many doors for business growth. With the rise in funding and a commitment from the government to assist these firms, it’s a great time to consider this path. If you're planning to incorporate government contracting as part of your marketing strategy, I always recommend contacting an industry expert such as ez8a. They are here to help you understand your eligibility and ensure you are qualified for the program. They do not charge for an initial consultation.

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