Fed’s SDB program broadens reach
A new federal program for “small disadvantaged businesses” is designed to help small businesses overcome handicaps and tap into the lucrative $200 billion annual federal procurement market.
As of Oct. 1, all small disadvantaged businesses, or SDBs, must be certified by the U.S. Small Business Administration. But don’t worry, the application form is as close as the Internet, and the program is broader and more inclusive than the old federal minority-preference program.
“If in doubt, apply,” advises Chris Chavez, the U.S. Small Business Administration’s regional communications director. “We recommend that people apply, and we’ll make a determination if they qualify, but we’d…
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