The Lifecycle of an SBA 8(a) Company
The nine-year Small Business Administration (SBA) 8(a) Business Development Program is a business assistance program that was created to help small, disadvantaged businesses wanting to do business with the Federal government gain a foothold in Federal government contracting.
Listen to Susan Moser, Partner and Leader of Cherry Bekaert’s Government Contracting practice and John Ure, Tax Partner and member of the Firm’s GovCon practice, discuss the lifecycle of an 8(a) company, including a brief overview of the 8(a) program and qualifications; and what an 8(a) company needs to know and focus on during the Developmental Stage, Transition Stage and as you prepare for graduation to help your 8(a) qualified business thrive and successfully graduate.
Our Government Contractor Services group has an in-depth understanding of the 8(a) program and advises numerous 8(a) government contractors through each step of the process to add value and anticipate ongoing opportunities. From the initial important decisions made in becoming an 8(a), to the first contract, to how the company is growing throughout the life of the program.
If you have any questions specific to your situation, Cherry Bekaert’s GovCon Consultants are available to discuss your situation with you.
If you haven’t already, catch up on other episodes in our podcast series discussing various aspects of the Small Business Administration’s (SBA) 8(a) Business Development Program:
- Part 1: The SBA 8(a) Business Development Program – What Is It and What Are the Requirements?
- Part 2: The SBA 8(a) Business Development Program Application Process and Requirements
- Part 3: What Are the Compliance Requirements for 8(a) Certified Companies?
- Part 4: Winning an SBA 8(a) Sole Source Award Contract – What’s Involved and What to Know
- Part 5: Winning an 8(a) Competitive Contract
- Part 6: Small Business Administration (SBA) Mentor-Protégé Program
- Part 8: OIG Report: SBA’s Business Development Assistance to 8(a) Program Participants