How Long Does It Take To Get Registered in SAM
If you are operating as a small business in the United States, SAM registration can earn you government grants. According to the SAM norms, any organization having the active SAM registration status is entitled for such grants. However, registered companies need to renew the registration on a yearly basis to keep the status active and avail the benefits.
However, the key question is how long the entire process of SAM registration would take. To avail the federal grants the entity (or the organization) must have an active SAM status at the time of grant submission and grant award. Hence, it’s crucial to get the renewal on time, so that you can leverage the array of benefits received from federal grants.
Why SAM Registration is important
In order to allow financial grants to the businesses, federal government needs to know every bit about the organization. Through SAM registration, the government collects information on organizations applying for grants and contracts. During the process, the organizations need to submit the papers like certifications, licenses, and financial documents that prove you as a small business at any particular state.
You can check the registration status by logging into SAM Status Tracker on SAM.gov. You may also get in touch with your grant administrator, chief financial officer, financial department, or authorizing official to find out your company’s registration status. If your organization is already registered, take note of who is mentioned as your E-Business Point of Contact (EBiz POC).
Your EBiz POC is one of the key aspects to maintain your SAM registration. These POCs also perform a series of crucial tasks in the Grants.gov, such as, authorizing the individuals capable of submitting grant applications on behalf of your organization.
Timeframe of SAM Registration
Well, the process is a bit lengthy as it involves multi-level screening. However, the average timeframe required for this is at least 12 business days. However, it might take longer than the standard timeframe if you need to acquire EIN (U.S.) or NCAGE (non-U.S.) along with it.
Since, any U.S organization, be it a big brand or a small business, needs to have an Employer Identification Number (EIN). If you are a new organization and does not have an EIN, additional two weeks will be consumed during the SAM registration process. This is because; you have to first apply for your EIN from the Internal Revenue Service (IRS) Link to Non-U.S. Government Site - Click for Disclaimer. Before you have that, you are not entitled for being a part of SAM.
For the yearly renewal of your registration certification, you would need 3-5 business days. Because the process involves cancellation of your previous status and replace it with your current registration. Once your status is activated, it is automatically updated in the Grants.gov the next business day. However, if the organizational structure of yhour company has evolved from what you have mentioned during the last renewal, the timeframe may engaged. In that case, the officials need to update everything on a manual level.
SAM registration is one of the crucial legal document for the small business in the United States. However, things will get absolutely hassle free if you have everything in place.
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