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
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What Is This Program?
What Benefits Are Offered?
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Browse Partner Directory๐ Detailed Application Guide
๐What Are the Application Steps & Timeline?
- ๐Steps 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
- ๐Application Portal
- http://www.sba.gov/
- ๐คSubmission Method
- online
- ๐Intake Type
- rolling
๐What Documents Are Required?
- โ 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
- ๐Optional Documents
- Letters of support
- ๐Format Requirements
- PDF only, max 10MB
- โ๏ธSupporting Letters
- Letters of support/reference are required.
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๐ฐWhat Expenses Are Eligible?
- ๐งพEligible Expenses
- Acquiring real estate
- Refinancing current business debt
- Purchasing machinery and equipment
- Working capital
- Furniture and fixtures
- ๐ซIneligible Expenses
- Non-profit activities
- Passive activities
- Speculative activities
- ๐Expense Caps
- None stated
- ๐ณPayment Model
- mixed
- โชRetroactive Expenses Eligible
- No
๐คIs Matching Funding Required?
๐What Are the Reporting Requirements?
- ๐๏ธReporting Frequency
- annual
- ๐Reporting Requirements
- SF-425 Federal Financial Report
- performance progress report
- ๐Audit Requirements
- OMB Uniform Guidance Single Audit if the recipient expends $750,000 or more in federal awards.
- ๐ขBranding Requirements
- Acknowledgment of federal funding is required.
- ๐๏ธRecord Retention Period
- 3 years post-final-report
How Do I Apply?
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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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