Although there are numerous funding opportunities available for helping disabled individuals to pursue their educational goals, there are unfortunately a pitiful few available that the federal government can offer to help disabled individuals startup their own businesses.
8(a) Business Development Program from the Small Business Administration (SBA)
Strictly speaking, there are no grants offered by the federal government that are specially designed to offer funding assistance for disabled individuals to start up their own businesses. The 8(a) Business Development Program, however, could be of help in certain circumstances.
The 8(a) Business Development Program, together with the Small Disadvantaged Business Certificate Program, are designed by the SBA to offer business assistance not only to disabled individuals but also to those are disadvantaged in other ways.
Benefits of 8(a) Business Development Program
If you are deemed eligible to receive assistance from this program, you can look forward to enjoy various benefits, some of which are listed below.
Improved Regulation Permits
Applicants will now find it easier to obtain startup business grants through this program thanks to its new and improved regulation permits. Now, the SBA is working with other companies as well as various federal agencies in order to expedite the application process and make funds available more quickly for grantees.
If you are not disabled, you need not worry because the new rules also allow people suffering from other types of disadvantages to apply.