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The agencies of the U.S. Federal Government are required by the HUBZone Empowerment Act [citation needed] to contract with HUBZone certified small businesses for more than 3% of their budget in the form of prime contracts to HUBZone firms. The government has made some progress towards these goals, but by and large remains below them.
Small business owners face severe penalties if they don't report to the federal government by year's end. Thousands of businesses may not realize they are subject to a new reporting process ...
Other small business owners say they believe DOGE could help make the contracting process move faster. "One day you come up with the idea quickly. You got to get the funding and you got to develop ...
President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...
For small businesses, the biggest change in the new year will be the arrival of a presumably more business-friendly administration in Washington. But there are other shifts owners should keep on ...
A state may offer attractive incentive packages to an under-represented business class as a way to diversify its economy. [12] Similarly, a local community can orient its incentive policies toward particular businesses in an effort to counterbalance its reliance on one business sector (e.g., manufacturing). [13]
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