| Women-Owned Small Business Rule Proposed |
| Would Expand Access to Federal Contracting Opportunities The U.S. Small Business Administration (SBA) recently released a proposed rule aimed at expanding federal contracting opportunities for women-owned small businesses (WOSBs).
The creation of a rule to increase opportunities for WOSBs was authorized by Congress in 2000. Since then, SBA has taken a number of steps to analyze the market, including participation by women-owned small businesses across all industries.
It is unclear how much this rule would impact the amount of contract dollars going to HUBZone firms since many HUBZone firms also participate in other set-aside programs, such as Small Disadvantaged Business/8(a) and Service-Disabled Veteran-Owned (SDVO), and will qualify to participate as WOSBs if the rule is enacted. The federal spending goal of the HUBZone Program is 3%; in 2008, 2.34% of federal contracting dollars went to HUBZone firms. HUBZone Council Chair Ron Newlan expressed support for WOSBs but is concerned that the new rule could negatively impact the amount of contract dollars going to HUBZone firms. “We need to strengthen all small business programs, including SDB/8(a), SDVO, WOSB, and HUBZones, without adversely impacting any of them by significantly expanding the federal contracting dollars awarded to all small businesses.” Only SDB/8(a) has mets its goals in recent years. The public is invited to make comments about the proposed rule until May 3. Comments may be registered at Regulations.gov or by mailing them to Dean Koppel, Assistant Director, Office of Policy & Research, SBA, 409 3rd St, SW, Washington, DC 20416. Reference RIN 3245-AG06 when submitting comments. |
Related posts:
- SBA Launches New Online Training Course: ‘How to Win Federal Contracts’
- What Obama’s Proposed Tax Cuts Mean for Small Businesses
- Small Business Group Rebukes Obama Administration Over TARP
- Most Small Business Owners are Scared to Death
- Grassley, Camp Warn of Job Effects of Raising Taxes on Small Business Owners
