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Apr 14 2023    Next issue: Apr 28 2023

chart showing number of firms in the 8(a) Small Business Administration program  FY2018-FY2024
Number of 8(a) Firms by Year

Set-Aside Alert exclusive research:

Number of 8(a) firms has risen by 10% since low point in 2019

SBA: 65% of 8(a) firms won federal contracts in FY2022

     The Small Business Administration is asking for a 16.5% boost in its budget for its flagship 8(a) Business Development Program in fiscal 2024. The goal is to expand efforts to attract more companies into 8(a) and to help more of those 8(a) companies win federal contracts.

      The SBA recently provided an update on its 8(a) program performance as well as goals for 8(a)’s future in its Fiscal 2024 Congressional Budget Justification and Fiscal 2022 Annual Performance Report.

      Here are the highlights of that report (all data is in fiscal years):...more....

     

Next issue: Apr 28, 2023

Inside this edition:

Number of 8(a) firms has risen by 10% since low point in 2019

SBA’s 2024 budget plan to lift govcon, entrepreneur programs

Funds for sustainability

HUBZ appeals at SBA’s OHA

Senate panel OKs Syed as SBA Dep Admin

Reps. seek OA advocate

Guzman on defense

Column: The Key Personnel Conundrum

Washington Insider:

  • SBA adding 15 more Womens Biz Centers
  • 431 awardees in NIH NITAAC’s $50B CIO-SP4
  • Proposal on lower-tier credit withdrawn

Corrections



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