BTC Technologies Accepted Into SBA 8(a) Business Development Program
Tuesday, September 15th, 2015
Ellicott City MD, September 11, 2015: BTC Technologies (BTC) announced today it has been certified as a participant in the U.S. Small Business Administration’s (SBA) 8(a) Business Development Program. The 8(a) Business Development Program is a welcome addition to BTC’s tools, which makes it possible for the firm to receive managerial, technical, and contractual assistance from the Small Business Administration to ready the firm and its owners for success in the private industry.
As a participant in the 8(a) Business Development Program, BTC Technologies will be able to receive sole-source contracts, up to a ceiling of $4 million for goods and services and $6.5 million for manufacturing. SBA 8(a) certification will allow BTC Technologies to form joint ventures and teams to bid on contractsand participate in SBA’s Mentor-Protégé program. This enhances the ability of BTC Technologies to perform larger prime contracts and overcome the effects of contract bundling, the combining of two or more contracts together into one large contract.
“We are absolutely excited for the opportunity to participate in the U.S. Small Business Administration’s 8(a) Business Development Program. We believe that as an SBA 8(a) business development program participant, we can expedite the acquisition process via sole-source opportunities. As a small business, BTC Technologies quickly and efficiently meets our customer’s objectives and delivers quality solutions. With our 10 years of industry and federal government experience, we are ready to expand into the federal government contracting market,” said Dr. Boniface Nwugwo, Chief Technical Officer at BTC.
About the 8(a) Business Development Program
The 8(a) Business Development Program is a business assistance program for small disadvantaged businesses. The 8(a) Program offers a broad scope of assistance to firms that are owned and controlled at least 51% by socially and economically disadvantaged individuals. The 8(a) Program is an essential instrument for helping socially and economically disadvantaged entrepreneurs gain access to the economic mainstream of American society. The program helps thousands of aspiring entrepreneurs to gain a foothold in government contracting. Participation in the program is divided into two phases over nine years: a four-year developmental stage and a five-year transition stage.
About BTC Technologies
BTC Technologies is a small business with headquarters in Ellicott City, Maryland. This unique company helps other organizations test and assure that their software systems are functional, reliable and performs the way they are supposed to, doing it faster, better, and cheaper. BTC Technologies provides teams of experts in software test engineering and quality assurance that can provide independent verification of your company’s software systems, ensuring that you are getting the best and most beneficial performance out of the software. BTC Technologies’ innovative software testing solutions and comprehensive DDTR test cycle process enables its clients to bring better quality applications to the market, in less time at a lower cost. BTC Technologies has been serving major corporations and government agencies since 2005.
For more information, visit www.btctechnologies.com