The insights and expertise offered by the U.S. Small Business Administration (SBA) certainly has contributed to the evolution of LDF Construction into a Federal 8(a) contractor. From access to capital and entrepreneurial development to government contracting and advocacy, we continue to leverage these resources. And the results are undeniable.
We’ve pursued, secured, executed and completed federal and state contracts, earning an Excellent Rating along the way. Our core team and trusted partners certainly played a significant role in our success. The SBA, however, provided a roadmap and support to get us from start-up to an established-and-growing construction firm.
Through SBA programs, learning centers and personal assistance, LDF Construction has been able to move forward with their 8(a) and HUBZone designations to acquire federal projects. All of this enables LDF Constrution to be ready to win federal contracts and partner with others in the federal contracting space. Every relationship begins with trust. Our work with SBA has supported our evolution as a company and helped develop credibility as a federal contractor.
There’s much to consider as a construction firm with the desire to grow and create jobs. To name a few for which the SBA provides support: Federal Acquistion Regulation (FAR); Electronic Regulations (Find, Review and Submit Comments on Proposed Regulations); Equal Employment Opportunity Commission (Small Business Information – The U.S. Equal Employment Opportunity Commission (EEOC) enforces the federal laws that prohibit employment discrimination on the basis of an individual’s race, color, religion, sex, national origin, age, or disability); Advocacy (Laws and Regulations Affecting Small Business); OSHA (Regulations); EPA (Regulations); and the IRS (Regulations and Publications).
The SBA’s mission is to help Americans start, build, and grow businesses. LDF Construction definitely has seen the benefits of working with the SBA. They are very responsive, knowledgeable, understanding and caring. It’s a joy to work with such a dedicated and friendly organization that helps LDF Construction in all aspects of our business from federal contracting and procurement to operations and regulations.
U.S. Small Business Administration History
The SBA was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation. Its philosophy and mission began to take shape years earlier in a number of predecessor agencies, largely as a response to the pressures of the Great Depression and World War II.
SBA has grown significantly in terms of total assistance provided and its array of programs have been tailored to encourage small enterprises in all areas. SBA’s programs now include financial and federal contract procurement assistance, management assistance, and specialized outreach to women, minorities and armed forces veterans. SBA also provides loans to victims of natural disasters and specialized advice and assistance in international trade.