nsaper.blogg.se - Small business administration

You can learn more about the HUBZone program and apply electronically on the SBA web site at: Veteran and Service Disabled Veteran Certification SBA certified firms for eligibility to receive HUBZone contracts and maintains a listing of qualified HUBZone small businesses that federal agencies can use to locate prospective vendors. The program encourages economic development in historically underutilized business zones (HUBZones) and through the establishment of preferences. This program was enacted into law as part of the Small Business Reauthorization Act of 1997 and is administered by the SBA. The HubZone Empowerment Contracting program provides federal-contracting opportunities for qualified small businesses located in distressed areas. You can learn more about the 8(a) program on the SBA web site at: SBA's HUBZone Certification Formal certification is required by the SBA.

The transitional stage is designed to help program participants become more effective in both the large business and government sector market in dealing with complex business deals and to prepare them for post 8(a) program expansion and development.

The developmental stage is designed to help 8(a) certified firms overcome their economic disadvantage by providing personalized business assistance in expanding their business and fostering meaningful business relationships.

Program participation is divided into two stages. DOT has obtained special authority to negotiate directly with 8(a) firms on the behalf of SBA.

SBA also offers managerial, technical, and financial support to participating firms.ĭOT gives special emphasis to identifying procurement requirements for matching with the capabilities and potential of approved 8(a) firms. The major advantage of this program is that it allows the government to contract, on a noncompetitive basis, with socially and economically disadvantaged small businesses. SBA then subcontracts actual performance of the work to socially and economically disadvantaged small businesses, which have been certified by SBA as eligible to receive these contracts. Section 8(a) of the Small Business Act, as amended, authorizes SBA to contract for goods and services with federal agencies. Some groups merely self-represent their business status when completing the solicitation representations and certifications clauses. Some small business groups require formal certifications in order to receive the benefits of their specific small business program for purpose of federal procurement.