SBA may consolidate All Small, 8(a) mentor-protege programs

SBA also considering broad changes to HUBZone rules

      The Small Business Administration announced it is considering two new major rulemakings affecting the 8(a) Business Development and HUBZone small business contracting programs.

      The first would consolidate the SBA’s All Small Mentor Protege Program and the 8(a) Mentor Protege Program into a single program.

      The SBA also may eliminate its role in approving joint venture agreements for 8(a) competitive contracts. The SBA also may revise its process for approving management changes in entity-owned 8(a) firms. In addition, the SBA is considering allowing mentors to have more than three proteges.

      In the second rulemaking, SBA is preparing a comprehensive revision of part 126 of SBA’s regulations to clarify current HUBZone program regulations, and implement various new procedures. It also is seeking input to make HUBZones more effective.

      Since tribes have special status within 8(a), the SBA announced on May 30 it would discuss the two upcoming rulemakings in meetings with tribes on June 7 and 8. Additional comments may be submitted online.

More information:
Read more or submit comments at : https://bit.ly/2K04gv5

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