Common Problems with the 8(a) Business Development Program Application
From the National Entrepreneur Center
The SBA’s 8(a) Business Development (“BD”) program is one of the most powerful federal government certification programs that permit eligible, certified businesses to obtain sole source and limited competition contracting opportunities.
In order to ensure that applicant businesses are eligible for certification, the SBA conducts a thorough review of an applicant’s business – including review of business documents, company tax returns, personal tax returns for some owners, and on-site interviews.
However, due to the overall complexity of the application and its underlying regulations, many applicants have trouble actually achieving certification, or their applications languish in the evaluation process.