PAYCHECK PROTECTION PROGRAM (PPP) INFORMATION SHEET LENDERS Who is eligible to lend? All existing SBA-certified lenders will be given delegated authority to speedily process PPP loans. All federally insured depository institutions, federally insured credit unions, and Farm Credit System … [Read more...]
Interested in Government Contracting?
Do you want to make the U.S. federal government your next customer? Last year, the government spent $120 billion with small businesses, including over 16,000 women-owned small businesses. Listen to this podcast for tips and resources from Barb Carson, SBA Deputy Associate Administrator for … [Read more...]
Significant Changes on the Horizon to Key SBA Regulations
By Amy Laderberg O'Sullivan and Olivia Lynch with Crowell Moring: On December 29, 2014, the Small Business Administration issued long overdue proposed amendments to its regulations (with 60 days for comments) to implement many of the provisions of the National Defense Authorization Act of 2013 … [Read more...]
Limitations on Subcontracting: SBA Proposes Sweeping Changes
By Steven Koprince: The limitations on subcontracting would undergo sweeping changes under a recent SBA proposal. On December 29, the SBA issued a proposed rule to enact the changes implemented by Congress in the National Defense Authorization Act of 2013–including a thorough re-write of the … [Read more...]
What’s UP with the Small Business Administration (SBA)?
This is the main question within the veteran-owned small business community in light of recent events. Businesses with fewer than 500 employees account for: 99% of all employer firms, jobs for over half of the nation’s private workforce, nearly two-thirds of all new jobs, and 44% of total U.S. … [Read more...]
Small business subcontracting regulations being amended to implement provisions of the Small Business Jobs Act of 2010
The Small Business Administration is amending its regulations governing small business subcontracting to implement provisions of the Small Business Jobs Act of 2010. In particular, this rule adds a provision providing that for a “covered contract” (a contract for which a small business … [Read more...]
Small Business Jobs Act 2010 Highlights
The Small Business Jobs Act is the most significant piece of small business legislation in over a decade. The new law will provide critical resources to help small businesses continue to drive economic recovery and create jobs. The new law extends the successful SBA enhanced loan provisions while … [Read more...]
Matchmaking Event in DC June 20-21 Offers Small Businesses Opportunity to Meet Prime Contractors
This event offers eligible businesses an opportunity to participate in free business matchmaking event during the annual National Small Business Week hosted by the Small Business Administration. Participating small businesses will have face-to-face meetings with prime contractors and federal … [Read more...]
How to Qualify for HUBZone Certification and Why It Matters
Last month the Small Business Administration designated an area of Downtown Leesburg, Virginia as a HUBZone, or “Historically Underutilized Business Zone”. As reported by Ethan Rothstein in an article published in Leesburg Today, such a designation is significant because it will provide qualifying … [Read more...]
Sabre Systems, Inc. and AR Services Approved for SBA Mentor-Protégé Program
GovCon News: March 7, 2013 - The Small Business Administration (SBA) has approved Sabre Systems, Inc. and ARServices for participation in the agency’s Mentor-Protégé Program. The SBA’s Mentor-Protégé Program encourages collaborative business relationships between mature established companies and … [Read more...]
What’s Next for SBA as Karen Mills Departs?
Departing SBA Administrator Karen Mills had the pleasure of testifying at one final House Small Business Committee hearing searching for answers to the question, "what's next?". Sequestration is what's next: The potential of $85 billion in spending cuts this year has already begun grinding the … [Read more...]
Assuring Contracting Equity Act (S. 196) would boost 23-percent goal to 25
FCW reported that Sen. Tom Udall (D-N.M.) introduced the Assuring Contracting Equity Act (S. 196), which would boost the 23-percent goal to 25 percent and increase goals for companies owned by women and minorities from 5 to 10 percent. The House wanted the increase last year and put language to … [Read more...]