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FEDERAL
SBA 8(a) Business Development Program – Washington Minority-Owned
Nine-year federal program helping small, socially and economically disadvantaged businesses (racial/ethnic minorities are presumptively eligible) compete for federal contracts and access business development resources.
About this program
Visit the program website for full details.
Eligibility
Small business at least 51% owned and controlled by socially and economically disadvantaged individuals. Racial/ethnic minorities are presumed socially disadvantaged. Personal net worth under $750,000 (excluding home and business equity), average adjusted gross income under $350,000, assets under $6 million.
Requirements
- 51% owned/controlled by socially and economically disadvantaged individual(s)
- U.S. citizen(s)
- Personal net worth under $750,000 (excluding home and business)