SBA 8[a] Program Law and Legal Definition
The SBA 8(a) Business Development Program is a program aimed to provide business development assistance to small businesses who seek such assistance. The program helps socially and economically disadvantaged American businesses gain access to the mainstream American economy.
The program derives its name from section 8(a) of the Small Business Act. Section 8(a) of the Small Business Act authorizes the policies and procedures of the program. A certified 8(a) firm receives management, technical, financial and federal contracting assistance from the SBA.
The SBA takes care to see that the benefits of the program are enjoyed only by eligible firms. The SBA has a separate mailbox to receive complaints concerning the program.
Legal Definition list
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