
8(a) Business Development Program
The 8(a) Business Development Program, managed by the U.S. Small Business Administration (SBA), supports small businesses owned by disadvantaged individuals. Its goal is to help these businesses compete in the marketplace by providing access to government contracts, mentorship, and business training. Eligible companies can benefit from a nine-year program that encourages entrepreneurship and promotes economic growth in underserved communities. Essentially, the 8(a) program aims to level the playing field, enabling these businesses to thrive and contribute to the economy.