THE 8(A) BUSINESS
NOW THAT WE’VE LOOKED at the key rules and regulations all small government contractors must follow, it’s time to discuss the government’s programs for special types of small businesses: the 8(a) Business Development Program, the Service-Disabled Veteran-Owned Small Business Program, the HUBZone Program, and the WomenOwned Small Business Program. Participating in these programs can give your company access to special contracting opportunities and benefits. But (and this should come as no surprise) each program comes with unique rules and compliance hurdles.
First up: the granddaddy of the four special programs, the 8(a) Business Development Program, or 8(a) Program. Participating in the 8(a) Program allows your company to win contracts set-aside exclusively for 8(a) participants, as well as the potential to obtain sole source contracts, that is, contracts awarded without any competition at all.
Over the years, many 8(a) participants have used the 8(a) Program as a springboard to grow and develop their businesses—in some cases, into multinational companies with hundreds of millions of dollars in revenues. Even if your company has more modest goals, it can benefit