The Richmond District Office announced the U.S. Small Business Administration’s (SBA) certification of SBG Technology Solutions (SBG) as a Participant in the 8(a) Business Development Program. SBG’s nine (9) year program term began December 21st, 2006.
The SBA’s 8(a) program, named for a section of the Small Business Act, is a business development program created to help small disadvantaged businesses compete in the American economy and access the federal procurement market.
Additionally, SBG has been certified as a Small Disadvantaged Business (SDB) in the Federal Government.s SDB program. SBG’s term of participation in the SDB program is concurrent with the 8(a) Business Development Certification.
While the 8(a) Program offers a broad scope of assistance to socially and economically disadvantaged firms, SDB certification strictly pertains to benefits in federal procurement. SBA certifies SDBs to make them eligible for special bidding benefits. Evaluation credits available to prime contractors boost subcontracting opportunities for SDBs.