The SBA not too long ago introduced a brand new initiative known as MySBA Certifications, designed to streamline the method for small enterprise homeowners to use for and handle federal contracting certifications. This new digital platform, set to launch in September, is a part of the SBA’s multi-year effort to modernize its buyer expertise.
Administrator Isabel Casillas Guzman emphasised the significance of small companies in federal provide chains, highlighting their position in bringing innovation, agility, and competitors to {the marketplace}. Guzman acknowledged that the Biden-Harris Administration is concentrated on elevating buyer expertise and modernizing the supply of SBA packages and companies. MySBA Certifications is the newest funding geared toward making it simpler for small enterprise homeowners to get licensed and pursue federal contracting alternatives.
Key Options of MySBA Certifications
- Lowered Paperwork: The brand new system will simplify the applying course of, decreasing the paperwork burden for candidates.
- Unified Platform: Enterprise homeowners can apply for and handle all federal contracting certifications in a single place.
- A number of Purposes: It permits simultaneous functions for a number of certifications.
- Entry to Sources: The platform offers invaluable assets to assist companies win contracts.
Federal Contracting Certifications Obtainable
MySBA Certifications will allow small enterprise homeowners, together with these from traditionally underserved communities, to use for and obtain certifications equivalent to:
- Girls-Owned Small Enterprise (WOSB) and Economically Deprived Girls-Owned Small Enterprise (EDWOSB)
- Veteran-Owned Small Enterprise (VOSB) and Service-Disabled Veteran-Owned Small Enterprise (SDVOSB)
- Small companies in Traditionally Underutilized Enterprise Zones (HUBZone)
- 8(a) Enterprise Growth Program
- Mentor-Protégé Program
Streamlined Processes
At the moment, the SBA’s certification packages function via separate methods with distinct functions and procedures. A White Home evaluation estimates that 40 p.c of small companies are eligible for a number of federal contracting certifications, however solely 10 p.c maintain multiple. MySBA Certifications goals to consolidate these processes, offering extra alternatives for companies to bid on and win contracts.
The SBA can also be implementing coverage modifications to simplify the applying course of, aligning necessities throughout certification packages and decreasing the paperwork burden whereas sustaining strong certification requirements. These modifications are anticipated to scale back the applying completion time by 40 p.c for single certifications and as much as 70 p.c for a number of certifications. Moreover, processing occasions for WOSB and eight(a) functions are anticipated to lower by as much as 80 p.c.
Integration with Current Platforms
MySBA Certifications will combine with different SBA platforms, together with the Veteran Small Enterprise Certification program (VetCert) and the MySBA Mortgage Portal, making a complete digital expertise. The VetCert program, launched in 2023, permitted over 10,400 functions in its first yr. The combination of those platforms goals to offer a seamless and user-friendly expertise for small enterprise homeowners.
Help Throughout Transition
The SBA has prolonged certification renewal timelines for one yr for a lot of licensed corporations to assist a clean transition. The company can also be working with companions and group organizations to make sure that federal contractors proceed to entry vital packages. Extra info may be discovered at certify.sba.gov.
