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SBA 8(a) BD program

What are the basic requirements an 8(a) applicant firm must meet? 
According to the U.S. Small Business Administration, an 8(a) applicant firm must:

- Be a small business

- Be unconditionally owned and controlled by one or more socially and economically disadvantaged individuals who are of good character and citizens of the United States

- Demonstrate potential for success. 
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