The U.S. Small Business Administration (SBA) administers several programs designed to support disadvantaged and women-owned businesses in securing federal contracts. Two of the most notable programs, the 8(a) Business Development Program and the Women-Owned Small Business (WOSB) Program, have clear statutory authority under federal law.
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The new final rule, effective January 16, 2025, revises key aspects of the 8(a) Business Development (BD) Program and aligns regulations across multiple small business programs, making it easier for socially and economically disadvantaged businesses to secure investment and scale effectively.
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