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13 CFR § 124.1 - What is the purpose of the 8(a) Business Development program?

---
identifier: "/us/cfr/t13/s124.1"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "13 CFR § 124.1 - What is the purpose of the 8(a) Business Development program?"
title_number: 13
title_name: "Business Credit and Assistance"
section_number: "124.1"
section_name: "What is the purpose of the 8(a) Business Development program?"
chapter_name: "SMALL BUSINESS ADMINISTRATION"
part_number: "124"
part_name: "8(a) BUSINESS DEVELOPMENT/SMALL DISADVANTAGED BUSINESS STATUS DETERMINATIONS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "15 U.S.C. 634(b)(6), 636(j), 637(a), 637(d), 644, 42 U.S.C. 9815; and Pub. L. 99-661, 100 Stat. 3816; Sec. 1207, Pub. L. 100-656, 102 Stat. 3853; Pub. L. 101-37, 103 Stat. 70; Pub. L. 101-574, 104 Stat. 2814; Sec. 8021, Pub. L. 108-87, 117 Stat. 1054; and Sec. 330, Pub. L. 116-260."
regulatory_source: "63 FR 35739, June 30, 1998, unless otherwise noted."
cfr_part: "124"
---

# 124.1 What is the purpose of the 8(a) Business Development program?

Sections 8(a) and 7(j) of the Small Business Act authorize a Minority Small Business and Capital Ownership Development program (designated the 8(a) Business Development or “8(a) BD” program for purposes of the regulations in this part). The purpose of the 8(a) BD program is to assist eligible small disadvantaged business concerns compete in the American economy through business development.