8(a) Business Development Program

Small Business Administration

To foster business ownership by individuals who are both socially and economically disadvantaged; and to promote the competitive viability of such firms by providing business development and mentoring assistance including, but not limited to, management and technical assistance, access to capital and other forms of financial assistance, business training and counseling, and access to sole source and limited competition Federal contract opportunities, to help the firms to achieve competitive viab

Jargon-free version

Helps socially and economically disadvantaged individuals start and grow their businesses. Provides mentoring, training, and access to federal contracts.

Quick Facts

Funding
$5 - $9,999,999,999
Deadline
Rolling
Status
Rolling Intake
Category
Business Financing & Capital
Organization
Small Business Administration

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What Is This Program?

To foster business ownership by individuals who are both socially and economically disadvantaged; and to promote the competitive viability of such firms by providing business development and mentoring assistance including, but not limited to, management and technical assistance, access to capital and other forms of financial assistance, business training and counseling, and access to sole source and limited competition Federal contract opportunities, to help the firms to achieve competitive viability.

What Benefits Are Offered?

loanfunding

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๐Ÿ† Detailed Application Guide

๐Ÿ“‹What Are the Application Steps & Timeline?

๐Ÿ“Steps to Apply
  • Determine eligibility for the 8(a) Business Development Program
  • Complete the application form
  • Submit the application to SBA
  • Await SBA's review and decision
๐ŸŒApplication Portal
http://www.sba.gov/
๐Ÿ“คSubmission Method
online
๐Ÿ”„Intake Type
rolling

๐Ÿ“„What Documents Are Required?

โœ…Required Documents
  • SF-424 (Application for Federal Assistance)
  • SF-424A (Budget Information - Non-Construction)
  • SF-424B (Assurances)
  • Project Narrative
  • Budget Narrative
  • Indirect cost rate agreement
๐Ÿ“ŽOptional Documents
  • Letters of support
๐Ÿ“Format Requirements
PDF only, max 10MB
โœ‰๏ธSupporting Letters
Letters of support/reference are required.

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๐Ÿ’ฐWhat Expenses Are Eligible?

๐ŸงพEligible Expenses
  • Acquiring real estate
  • Refinancing current business debt
  • Purchasing machinery and equipment
  • Working capital
  • Furniture and fixtures
๐ŸšซIneligible Expenses
  • Non-profit activities
  • Passive activities
  • Speculative activities
๐Ÿ“Expense Caps
None stated
๐Ÿ’ณPayment Model
mixed
โชRetroactive Expenses Eligible
No

๐ŸคIs Matching Funding Required?

๐Ÿ“ŠWhat Are the Reporting Requirements?

๐Ÿ—“๏ธReporting Frequency
annual
๐Ÿ“‘Reporting Requirements
  • SF-425 Federal Financial Report
  • performance progress report
๐Ÿ”Audit Requirements
OMB Uniform Guidance Single Audit if the recipient expends $750,000 or more in federal awards.
๐Ÿ“ขBranding Requirements
Acknowledgment of federal funding is required.
๐Ÿ—„๏ธRecord Retention Period
3 years post-final-report

How Do I Apply?

8AQuestions@sba.gov
800-827-5722

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FAQFrequently Asked Questions

Visit the program page for detailed eligibility requirements.

This program offers funding up to $9,999,999,999 (minimum $5).

This program accepts applications on a rolling basis.

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