SBA Changes 8(a) Rules for Individually Owned Small Firms
A new SBA rule ends the 8(a) racial presumption for individually owned firms. Pending applicants may get 45 days to update records and resubmit.
8(a) Program
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SBA Proposes Evidence-Based Test for 8(a) Eligibility
The SBA wants individually owned 8(a) applicants to prove group-based discrimination and material harm. The proposal is not final and would not directly affect current participants.