April 29, 2015 – G2 Global Solutions (G2) is now eligible to receive federal contracts under the Small Business Administration’s 8(a) Business Development Program because it is owned and operated by socially and economically disadvantaged individuals.
Benefits of the SBA 8(a) Program (from SBA.gov)
Participants can receive sole-source contracts, up to a ceiling of $4 million for goods and services and $6.5 million for manufacturing. While we help 8(a) firms build their competitive and institutional know-how, we also encourage you to participate in competitive acquisitions.
8(a) firms are also able to form joint ventures and teams to bid on contracts. This enhances the ability of 8(a) firms to perform larger prime contracts and overcome the effects of contract bundling, the combining of two or more contracts together into one large contract. Also, see the Mentor-Protégé Program for more information on allowing starting 8(a) companies to learn the ropes from other more experienced businesses.