Major changes to SBA rules for tribal corporations proposed

Business corporations formed under the provisions of the Small Business Administration laws and rules known as 8(a) corporations are facing a proposal for a major change.  As reported in the Anchorage Daily News, "A federal agency is proposing big changes to the controversial contracting program for minorities that spurred massive growth among Alaska Native corporations over the past decade.  The agency, the federal Small Business Administration, on Wednesday published a 31-page proposed rule comprising many changes to its contracting program for minority-owned, disadvantaged businesses, including Alaska Native firms."

See the full story HERE.

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