The 8(a) Business Development Program is a business assistance program that supports woman owned, hub zone and small disadvantaged businesses. The Federal Government’s goals it to award at least 5% of all federal contracting dollars to women-owned and 5% to small disadvantaged businesses each year.
The 8(a) Program offers a broad scope of assistance to firms that are owned and controlled at least 51% by socially and economically disadvantaged individuals. The 8(a) Program is an essential instrument for helping socially and economically disadvantaged entrepreneurs gain access to the economic mainstream of American society. The program helps thousands of aspiring entrepreneurs to gain a foothold in government contracting.