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What is the 8(a) Business Development (BD) Program?
How do I apply to the 8(a) BD program?
What are the basic requirements an 8(a) applicant firm must meet?
Will having a specific business consultant prepare my 8(a) application increase my chances of being approved?
What is SBA's definition of a small business concern?
What is a Standard Industrial Classification (SIC) code?
Who are socially disadvantaged individuals?
Can an individual who is not a member of a designated group claim social disadvantage?
What evidence must an individual who is not a designated group member provide to show social disadvantage?
What types of evidence can be used to assist in meeting the burden of proof?
Must an individual who is not a member of a designated group show discrimination in education, employment, and business history in order to show negative impact on entry into or advancement in the business world because of the disadvantage?
What does it mean to be economically disadvantaged?
What percentage of ownership in the applicant firm must be owned by socially and economically disadvantaged individuals?
Is ownership by a trust allowed?
Can a disadvantaged individual or firm have ownership in more than one 8(a) Participant?
Are there any ownership restrictions placed on nondisadvantaged individuals or firms?
How does SBA view control of an applicant or 8(a) concern?
Does SBA require the disadvantaged individual to have the technical expertise and hold the critical license in order to demonstrate that he or she controls and manages the applicant firm?
How does SBA determine disadvantaged control of a corporate Board of Directors?
What is a super majority?
Are there restrictions placed on nondisadvantaged individuals in terms of their relationships with disadvantaged individuals and/or applicant firm?
What factors are considered by SBA in evaluating the potential for success requirement? SBA will evaluate the following:
Does SBA have a minimum length of time in business requirement?
Can a firm still apply for participation in the 8(a) BD Program if it has not been in business for two full years?
Can a firm be declined entry into the Program for reasons of character?
Are brokers eligible for the 8(a) BD Program?
What happens if an applicant firm or any of its principals fail to pay significant financial obligations owed to the federal government?
What if an application is declined?
How long can a company participate in the 8(a) program?
What does it mean to be "terminated" from the 8(a) BD Program?
What does it mean to "graduate" from the 8(a) BD Program?
When evaluating economic disadvantage, does SBA include assets that an individual claiming disadvantaged has recently transferred to another individual?
Are there special ownership provisions for individuals who reside in a community property or state territory?
How long does the 8(a) BD application process take?
Are 8(a) firms reviewed by SBA annually for compliance with eligibility requirements?
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