This is why the process of applying for a socio-economic certification is such a valuable tool for companies. Going through the process should take an organization to a new level. For those who qualify, achieving a socio economic certification is a valuable tool to capitalize your business. Marketed properly, you can use this tool to open the door to contracting with the government (federal, state and local) as well as large corporations. For small business owners who are veterans, service disabled veterans, minority, female and/or otherwise disadvantaged, there are a variety of certification programs to consider.
The 8(a)BD Certification is a one-time use, nine year program that provides a broader scope of assistance for companies that meet certain requirements for socially disadvantaged AND economically disadvantaged small business owners.