Thursday, June 17, 2010

Eligibility Criteria for 8A Certification

SBA 8A can be considered as a critical business development support venture that helps to grow a start up or small business processes driven by the financially less privileged residents of USA. Since the federal government of USA has opened a huge amount of opportunities to the entrepreneurs, the eligibility criteria have been set to be quit high and pretty rigid. The women, minority class of people or service unlabeled veterans are primarily eligible to apply for the 8A certification. Still you have to follow and meet several other requirements as has been stated by the officials.

Always keep the fact in mind that thousands of economically disadvantaged people are standing on the same queue and so you have to prove yourself to beat the competition. The first and foremost thing is you have to prove your business potential and that you have a fulltime involvement to that. You should be into business for at least two years, sometimes which can be reconsidered though. 8A certification is allowed for the US citizen only.

You must have a clear personal legal record to be eligible for the application. Federal government holds a zero tolerance for convictions, imprisonment, probation or similar other offences. As been declared by the SBA 8A program moderators, before applying for the 8A certification applicants must get registered in both Dun and Bradstreet and CCR Registration.

One who conform all these eligibility criteria, you can apply for SBA 8A program. However, still there are some other things to know before applying for 8A certification. While entering to the SBA 8A site you will get an online tutorial page where you have to give a self explanatory test in Yes or No. after a successful completion of the test you will get a chance to place your application for the program.

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