What is an 8a classification for small businesses?

1 answer

Answer

1026394

2026-08-14 18:45

+ Follow

8(a) is a federal business classification owned at least 51% a socially or economically disadvantaged individual (minority/female/etc). The federal government has set aside money and opportunities for which a company MUST be an 8(a) firm [or a joint venture where at least one partnering company is 8(a)]to bid. In order for companies to be classified with the federal government as an 8(a) firm, the company must contact the small business administration (sba.gov) and inquire about qualifications.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.