BusinessQuiet 77d · day 79
Trump administration expands 'small business' definition to include billion-dollar firms
The Small Business Administration proposes raising revenue and employee caps, potentially disadvantaging actual small enterprises competing for federal contracts and loans.
What to know
- The Small Business Administration is proposing to raise revenue and employee thresholds that define 'small businesses' eligible for federal contracts and loans.
- Under the proposal, some companies could exceed $1 billion in annual revenue and still qualify for small-business programs.
- Small business owners contend the change would direct opportunities away from genuinely small enterprises toward larger competitors.
“Higher revenue and employee limits for small businesses that get federal contracts and loans could disadvantage the smallest companies, their owners say.”
Small business owners, Affected parties · The New York Times
Trump administration Proposing the policy changeSmall Business Administration Agency implementing the proposalSmall business owners Affected by the proposed rule
The record 6 articles and posts · last 30 days
- summary covers to here · Aug 27, 7:10 PM · 2 pieces above arrived after
What people are saying 2 voices from 1 site · verbatim
- Aug 29
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Revenues of a billion dollars a year does not mean you are a billion dollar business
- Aug 28
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Why not just do away with the SBA. These fucking clowns are ridiculously obvious.