News & Analysis as of September 18, 2024

Small Business

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The Small Business Administration is a United States federal agency established in 1953 by the Small Business Act. The SBA is dedicated to assisting and supporting small business and entreprenuers. The SBA carries out its mission through a variety of programs including providing financial and federal contract procurement assistance, management assistance, and specialized outreach to women, minorities and armed forces veterans. less -

ALOG Corp's SDVO SBC Status Compromised by Stock Purchase Agreement

Whitcomb Selinsky, PC on 3/7/2024

The eligibility of ALOG Corporation as a Service-Disabled Veteran-Owned Small Business Concern (SDVO SBC) was challenged in an appeal that centered around a stock purchase agreement that brought the veteran ownership of the...more

SBA 8(a) Program Regulatory Changes: All Small Mentor-Protégé Program

Schwabe, Williamson & Wyatt PC on 7/28/2023

On April 27th, the U.S. Small Business Administration (“SBA”) published a final rule making changes to the regulations governing the 8(a) program. This final rule is SBA’s implementation of the proposed rules issued by the...more

SBA Proposes Significant Changes to Its Small Business Regulations

PilieroMazza PLLC on 12/10/2018

On December 4, 2018, the U.S. Small Business Administration (“SBA”) issued a proposed rule (“Rule”) to implement several provisions of the National Defense Authorization Acts (“NDAA”) of 2016 and 2017 and the Recovery...more

SBA Eliminates "Direct" Ownership Rules for HUBZone Program

PilieroMazza PLLC on 6/7/2018

On March 26, 2018, the U.S. Small Business Administration (SBA) issued a direct final rule that changed the wording of 13 C.F.R. § 126.200(b)(1) to allow indirect ownership by U.S. citizens of companies in the HUBZone...more

UPDATE: SBA Clarifies Profit Percentages for Joint Ventures under the Small Business Mentor-Protégé Program

Bass, Berry & Sims PLC on 1/18/2017

As previously reported, on July 22, 2016, the Small Business Administration (SBA) issued a final rule establishing a government-wide mentor-protégé program encompassing all small business concerns....more

SBA Corrects Discrepancy in Small Business Joint Venture Rules

PilieroMazza PLLC on 1/9/2017

On December 23, 2016, the U.S. Small Business Administration (“SBA”) issued a technical correction to its July 25, 2016 final rule regarding the new mentor-protégé program for all small business concerns to address an...more

SBA Final Rule on Mentor-Protégé Programs for All Small Businesses Becomes Effective

Holland & Knight LLP on 8/26/2016

The Small Business Administration (SBA) issued a long-awaited final rule establishing a new, expanded mentor-protégé program that will allow all types of small businesses to qualify as protégés, while retaining, but slightly...more

SBA Proposed Rule Outlines New Mentor-Protégé Program for All Small Businesses - Impacts to All SBA Contracting Programs,...

Holland & Knight LLP on 2/10/2015

The Small Business Administration (SBA) issued a long-awaited notice of proposed rule-making (NPRM) providing for a new mentor-protégé program that will be available to all small businesses. The proposed rule was released on...more

Court of Federal Claims Affirms Due Process Rights for Service-Disabled Veteran-Owned Small Businesses

PilieroMazza PLLC on 11/25/2014

The United States Court of Federal Claims recently issued an important decision affirming the due process rights of Service-Disabled, Veteran-Owned Small Businesses (“SDVOSBs”). The case, AmBuild Company, LLC v. United States...more

OHA Sheds Some Light on What Constitutes a “Class” of Stock

PilieroMazza PLLC on 11/14/2014

In my recent article about the impact of separate stock classes on veteran-owned firms, I discussed how having more than one class of voting stock can complicate an ownership analysis under both the Department of Veterans...more

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