If the 8(a) Applicant Firm has been in business for less than two (2) years or its business income tax returns for each of the two (2) previous tax years do not show operating revenue in its primary industry in which it is seeking 8(a) Certification for then you must submit a Waiver to prove you meet the SBA’s potential for success criteria.
Our two (2) year waiver guide and sample explains and shows you how to properly address all five (5) required areas:
- The 8(a) applicant(s) must possess substantial business managerial experience.
- The business concern must have demonstrated that it has the technical expertise it will need to carry out its business plan with substantial likelihood for success.
- The business concern must have adequate capital to sustain its operations and carry out its business plan.
- The business concern must have a record of successful performance on contracts in its primary NAICS code.
- The business concern must have (or can quickly obtain) the personnel, facilities, equipment, and other resources it needs to perform any 8(a) contracts it might be awarded.