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6. sba 8(a)-sdb-hubzone

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Colorado PTAC
Colorado PTAC
Education
1 of 30
U.S. SMALL BUSINESS ADMINISTRATION COLORADO DISTRICT OFFICE ,[object Object],[object Object],[object Object]
What is the 8(a) Business Development Program? ,[object Object],[object Object]
Eligibility Criteria ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
SBA May Waive The Two-Year Rule If: ,[object Object],[object Object],[object Object],[object Object],[object Object]
Firms must be small based on their Primary NAICS Code, including affiliates ,[object Object],[object Object],[object Object],[object Object],[object Object]
Socially Disadvantaged individuals or persons who have been subjected to racial or ethnic prejudice or cultural bias because of their identities as members of groups, without regard to individual qualities.
Individuals are presumed to be socially disadvantaged if they are a U.S. Citizen and a member of one of the following groups : ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Persons not members of designated groups must: ,[object Object],[object Object],What is “Preponderance”? Generally, preponderance is evidence of a quality and quantity which leads the decision maker to objectively conclude that the existence or truth of the facts asserted is more probable than not.
Determining Factors of “Preponderance” ,[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object]
Net Worth Criteria -After excluding the individual’s equity in the firm and equity in the primary residence, net worth may not exceed $250,000.00 NET WORTH less equity in primary residence less equity in business equals adjusted net worth ( which must not exceed $250,000 )
Ownership, Control & Management ,[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],The Disadvantaged Individual must :
Term of Participation START = date of approval ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Benefits of the 8(a) Business Development Program ,[object Object],[object Object],[object Object],[object Object]
 
Where to Send Application APPLICATION ARE ACCEPTED ON-LINE www.sba.gov/8abd
 
Small Disadvantaged Business Program
What is the Small Disadvantaged Business Program? ,[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Eligibility Criteria
Eligibility Exception for SDB ,[object Object],[object Object],[object Object]
Benefits of the SDB Program ,[object Object],[object Object]
[object Object]
What is the HUBZone Empowerment Contracting Program? Created to stimulate economic development and create employment opportunity in urban and rural communities by providing contracting preferences to small businesses.
Eligibility Criteria ,[object Object],[object Object],[object Object],[object Object]
Are You In a HUBZone? www.sba.gov/hubzone
Benefits of the HUBZone Empowerment Contracting Program ,[object Object],[object Object],[object Object],[object Object]
Apply for These Programs On-Line www.sba.gov/8abd www.sba.gov/hubzone Carolyn.Terrell@sba.gov 303.844.2607 ext 260 [email_address] 303.844.2607 ext 224
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6. sba 8(a)-sdb-hubzone

  • 1.
  • 2.
  • 3.
  • 4.
  • 5.
  • 6. Socially Disadvantaged individuals or persons who have been subjected to racial or ethnic prejudice or cultural bias because of their identities as members of groups, without regard to individual qualities.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11. Net Worth Criteria -After excluding the individual’s equity in the firm and equity in the primary residence, net worth may not exceed $250,000.00 NET WORTH less equity in primary residence less equity in business equals adjusted net worth ( which must not exceed $250,000 )
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.  
  • 17. Where to Send Application APPLICATION ARE ACCEPTED ON-LINE www.sba.gov/8abd
  • 18.  
  • 20.
  • 21.
  • 22.
  • 23.
  • 24.
  • 25. What is the HUBZone Empowerment Contracting Program? Created to stimulate economic development and create employment opportunity in urban and rural communities by providing contracting preferences to small businesses.
  • 26.
  • 27. Are You In a HUBZone? www.sba.gov/hubzone
  • 28.
  • 29. Apply for These Programs On-Line www.sba.gov/8abd www.sba.gov/hubzone Carolyn.Terrell@sba.gov 303.844.2607 ext 260 [email_address] 303.844.2607 ext 224