SBA Changes Small Business Size Standards for 16 NAICS
04 May, 2022 0 Comments
SBA Changes Small Business Size Standards for 16 NAICS 5-4-22 If your firm was not considered a small business by the government previously, it may be now. Taking effect this week (May 2nd), The Small Business Association (SBA) issued four rules that changes the size standards on 16 industry sectors based on revenue. This is expanding access to the SBAs programs by nearly 60K federal contractors. Why is this happening? A function of the Small Business Jobs Act of 2010, the...