Category: Business Monthly

SBA Expands Eligibility for WOSB Program

This month brings good news for Women-Owned Small Businesses (WOSBs): The U.S. Small Business Administration is offering new information designed to enhance opportunities for that segment of the federal contracting market. The data is from a new program that identifies a greater number of industries that are eligible industries for the WOSB Federal Contracting Program,... Read More

A Big ‘W’ for Small Businesses

A Big ‘W’ for Small Businesses By Gloria Larkin There was great news for small business contractors in early November, when the Oakland, Md.-based HUBZone Council announced a huge win. The good word came after the Department of Defense (DoD) released its Cybersecurity Maturity Model Certification (CMMC) 2.0 update, which concerns the agency’s efforts to enhance the cybersecurity practices... Read More

SBA Suspends Requirements for Federal Construction Contracts and Expands HUBZones

SBA Suspends Requirements for Federal Construction Contracts and Expands HUBZones By Gloria Larkin Some members of the small business community have a new avenue to explore as it continues to seek relief from the pandemic, as the Small Business Administration (SBA) has suspended the bona fide place of business requirement for 8(a) construction contracts. The... Read More

Biden Expanding COVID-19 EIDL Program

Biden Expanding COVID-19 EIDL Program By Gloria Larkin Many small businesses are feeling stuck. In some cases, their economic recovery has stalled and may even be backsliding. Relief funds, which can result in economic hangovers anyway, are running out. And bottlenecks have begun to appear in the credit market. To address these issues, President Joe... Read More