The Small Business development programs conducted by the SBA is launched with the intention of helping entrepreneurs from economically weak and socially segregated communities that are native to the American soil, to gain business success with federal government help. The 8a certification program is foremost among the different initiatives launched over the years by the SBA. However, to realize the several 8a Certification Benefits the eligible businesses have to keep their eyes and ears open. The aim of SBA or Small Business Administration is to help spread word about the several 8a certified advantage and benefits offered by the federal government and inspire U.S owned small business owners to apply for the coveted certification. Let’s take a look at the various 8a certification benefits and how it helps in small business development.

8a certification benefits small business

• All successful candidates can receive sole-sourced contracts. Sole sourced or ‘no-bid’ contracts enable the 8a firms to clinch government projects without having to contest with other established business houses, as is the norm outside the government run marketplace. Thus, one of the prime 8a certification benefits is that it helps the 8a certified companies to get government contracts and help to establish them in the highly competitive marketplace.

• 8a certified firms are free to form joint ventures with other approved firms and bid on huge federal projects as a team. The high point of these joint venture initiatives is that the contesting firms can work on big federal agencies and increase their business revenue as well as earn valuable experience and increase their business network in the process. Moreover, working with a recognized department of the federal government adds to the business portfolio of the 8a approved firms and helps in improving their market presence and reputation.

• Participating firms can cash in with the “Mentor Protege Program” and obtain a detailed know how of the 8a certification benefits. The mentorship program will help the newly inducted 8a firms to understand the tricks of the trade and help them to get acquainted with the workings of the federal marketplace.

You might be wondering that in spite of these several 8a certification benefits why aren’t most small business firms aware of the 8a certified advantages? Well, you can put the blame on the lack of public promotion and advertisement for that. But the good news is, recently the SBA themselves have started to take huge initiatives in terms of promotion of the 8a certification benefits. With ample support from 8a consultants and agencies, the situation looks promising. For a detailed knowhow on the 8a certified advantage I invite you to visit 8acertification.net. Get inspired!