Small Business Administration Deals Blow to Women-Owned Businesses

Written by Briana Cavanaugh

October 8, 2008

Since many of my clients are small business owners, those who want to be or those who have been (with small business are those with less than 500 hundred employees) I thought this would be of interest.

One of the findings of the SBA has been that even though women-owned business make up 30% of small businesses they receive only 3.4% of the federal contracts. That’s not a big surprise for many reasons. It’s still not an equitable playing field for women and minorities.

What is a surprise or a sadness really is that the SBA would try to get rid of legislation that supports equalizing the playing field and supporting all people in running successful businesses. Especially in this economic climate where the government is encouraging spending to increase liquidity in the banking and monetary systems.

You can read more about it here

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