SBA 8A certification, it is essential to get some knowledge before placing your application. Well, you must be wondering how to go about it. Let’s make things clear. There are some 8A certification tutorials available online that guide small business 8A applicants to understand the 8A program better. These are mostly free online resources from where you can get every little detail about the application process. 8a certification helps you develop your small business venture with greater prospect. Unlike other application procedure, SBA 8A certification involves much more hassles and time for processing. However, one should go through the process with patience considering the end result.
The Small Business Administration or SBA 8A program has been developed to support and assist all the small service disabled business veterans, who lag behind in the rat race due to social and/or economical disadvantages. Over the past few years 8A certification program has become essential for the small businesses to grow and stay afloat to the cutthroat competition. The name 8A certification came from its origin out of Section 8(a) of the Small Business Act. With this certification the small business owners become eligible for receiving federal contracts on the basis of sole-source competition. However, here are the things you need to know before applying for the program.
The program is solely meant to support the small businesses owned by socially and economically disadvantaged individuals that includes women, minorities and service disabled veterans. The federal grant is completely unfunded. SBA 8a applicants need to complete registrations in 4 databases to get a proper validation. Also you need to select the most appropriate SBA 8A program for your business domain.
The entire application process is free and you have to pay to pay not a single penny to any official. However, the SBA 8A consultants may charge a certain amount which you need to pay in exchange of the guidance they provide. There are 4 databases that prove your authenticity. 8A certification is only granted when you complete the registration process. Following are the four registrations:
The first one is EIN or the Employer Identification Number. The permanent tax number is validated with this registration which is essential for SBA 8A program. It s also used for various business transactions like bank account, filing tax return and applying for business license etc.
CCR or the Central Contractor Registration is essential for any small business owners to be eligible for 8A certification. It holds all the business credibility and being the single-point vendor registration it is accessed government-wide.
DUNS Number is the unique nine-digit identification number given by Dun & Bradstreet (D&B) to the business owners for each of their physical business location. This number is highly essential to get a small business 8A support.
GLS or General Login System is the single official login point for all services that is supported by SBA 8A.
It is advisable to go for the online courses that give in depth knowledge about the program and detailed application procedure. You can also hire the 8A certification consultants who provide significant guidance to make the process easier. You can also watch online videos that provides with the short assessment with immediate feedback. Here you ca also get the detailed process of how to fill up the 8A application form.
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