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FEDERAL
SBA 8(a) Business Development Program – Tennessee
The SBA 8(a) Business Development Program helps socially and economically disadvantaged small businesses—including minority-owned firms—in Tennessee compete for federal set-aside contracts and access business development support over a 9-year program term.
About this program
Visit the program website for full details.
Eligibility
Small businesses owned and controlled by socially and economically disadvantaged individuals, including minority groups (African American, Hispanic American, Asian Pacific American, Native American, Subcontinent Asian American). Business must be in operation for at least 2 years.
Requirements
- At least 51% owned and controlled by socially and economically disadvantaged individual(s)
- Business in operation for at least 2 years
- Owner's personal net worth must be under $850,000