The Small Business Administration Office of the Inspector General (OIG) recently released its report discussing the top management and performance challenges facing the SBA in 2024. The report highlights a number of issues currently plaguing the SBA and its various programs, including abuse of economic relief programs, disaster assistance programs, and loan programs, cyber security shortcomings within the agency, and oversight of grant management. The report also notes concerns with the HUBZone and small disadvantaged business programs. However, today I want to focus on the issues identified in two programs that we at Koprince McCall Pottroff work with day in and day out: the Woman-Owned Small Business Program and the 8(a) Business Development Program.
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House Passes Bill Supporting Women’s Business Centers
In a slew of recent activity, H.R.4405, the Women’s Business Centers Improvements Act of 2019, sponsored by Rep. Sharice Davids (D-KS) and Rep. Jim Hagedorn (R-MN), was one of many bills to pass the House of Representatives. Most notably, the bill doubles the available grant monies for each Women’s Business Center (“WBC”) and introduces an accreditation program for WBCs.
These components, if approved, will help WBCs better serve women-owned businesses across the nation. This post will also highlight some aspects of this already helpful resource.
Continue readingOHA: Owners Did Not Have Enough Managerial Experience to Qualify Concern as a WOSB
SBA’s socio-economic set-aside programs mandate compliance with multiple control requirements. An important one stipulates that a woman owner of a WOSB (or a veteran for a SDVOSB or a disadvantaged owner for an 8(a) business) must have the “managerial experience of the extent and complexity to run the concern.”
But what, exactly, does this requirement entail? A recent OHA case provides some important guidance.
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