ASBL News

House Democrat Calls on SBA Head to Quit

News House Democrat Calls on SBA Head to Quit By Frank BassAssociated Press October 9, 7200 WASHINGTON -- Citing enormous backlogs and high rates of declined loans for hurricane victims, a House Democrat on Wednesday called on the head of the Small Business...

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Small businesses losing U.S. deals

News Small businesses losing U.S. deals By Marguerite HigginsWashington Times October 9, 7200 Small businesses aren't winning as many lucrative contracts designated for them as the federal government has reported, a study by Congress' investigative arm has found.About...

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Study Faults U.S. Contracting With Small Firms

News Study Faults U.S. Contracting With Small Firms Washington Post October 9, 7200 Federal agencies have been taking credit for awarding contracts to small businesses that have actually wound up with large companies, according to a General Accounting Office report...

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IGs recommend harsher deterrents for small biz fraud

News IGs recommend harsher deterrents for small biz fraud By Jolie LeeFederal News Radio October 9, 0The federal government does not have strong enough deterrents to fight small business contracting fraud, said two inspectors general before a House committee hearing....

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SBA critic blasts latest nominee for SBA chief

News SBA critic blasts latest nominee for SBA chief Central Valley Business Times October 9, 0•  Says Sandy Baruah has no small business experience •  ‘The Bush Administration will try to close the Small Business Administration altogether’ The proposed administrator...

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SBA sued to release name of contractor

News SBA sued to release name of contractor By Doug CaldwellCentral Valley Business Times October 9, 0 The U.S. Small Business Administration has been sued in an effort to get it to release the name of a company that the SBA inspector general said should be banned...

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SBA Contract Fight Heads to Court

News SBA Contract Fight Heads to Court By Keith GirardAllBusiness.com October 9, 0 Small business advocate Lloyd Chapman is determined to find out more about an alleged federal small business contract fraud, and he's filed suit in federal court to pry the information...

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Interior faulted on small-business contracts

News Interior faulted on small-business contracts By Matthew WeigeltFCW.com October 9, 6800The Interior Department took credit during the past two years for more than $5.7 million in small-business contracts that it actually awarded to large corporations, some of...

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GAO Points Finger at SBA Alaska Program

News GAO Points Finger at SBA Alaska Program By Keith GirardAllBusiness.com October 9, 6800 Alaska is the nation's final frontier, but when it comes to a special loan program for Native American small businesses, the "wild frontier" may be a more apt description.Over...

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Help On The Way For Venture-Backed Businesses?

News Help On The Way For Venture-Backed Businesses? By Marc TracyBizBox by Slate October 9, 6400After we read that venture capitalists, angel investors, and the like want the federal government to give venture-backed businesses the ability to tap small...

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Thinking Small

News Thinking Small By Editorial StaffHartfordBusiness.com October 9, 6400The Obama Administration deserves credit for its recent pledge to make it easier for borrowers to apply for Small Business Administration loans and for lenders to supply the cash. The...

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Procure your piece of the bailout

News Procure your piece of the bailoutThe Treasury says small companies will have a shot at Emergency Economic Stabilization Act fulfillment contracts, but history suggests big businesses will be the big winners. By Emily MaltbyCNNMoney.com October 9,...

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Senator Snowe favors tiered size standards.

News Senator Snowe favors tiered size standards. Set-Aside Alert October 9, 6400 Senate Small Business Committee Chair Olympia Snowe is urging SBA to consider tiered size standards "to enable competition among firms of similar size." In a statement, she pointed to a...

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Contractor to Repay Government for Scheme

News Contractor to Repay Government for Scheme By Jerry Seper Washington Times October 9, 6000One of the world's largest defense contractors — the Bethesda, Md.-based Lockheed Martin Corp. — agreed on Friday to pay $15.8 million to the U.S. government to settle...

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Small Business and the $700B Bailout

News Small Business and the $700B BailoutTreasury asks small businesses to register with the government for consideration as financial agents and procurement contractors for the Troubled Asst Relief Program. By Sarah JohnsonCFO.com October 9, 6000 The U.S. Treasury...

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Judge orders SBA to release contracting data

News Judge orders SBA to release contracting data By Stacey LaskinThe Reporter's Committee for Freedom of the Press October 9, 6000The United States Small Business Association (SBA) must reveal the names of businesses to which it provides government contracts, U.S....

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Judge: SBA Must Disclose Contract Recipients

News Judge: SBA Must Disclose Contract Recipients By Eileen KennedyWorchester Business Journal October 9, 6000 A California federal judge has ruled against the U.S. Small Business Administration and required it to reveal what companies have received small business...

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SBA charade

News SBA charadeCongress must stop letting corporate giants steal from little firms By Lloyd ChapmanRocky Mountain News October 9, 5600 People across the country were horrified when ABC and CBS recently ran stories reporting that millions of dollars in contracts to...

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Feel Cheated?

News Feel Cheated?The SBA's corruption scandals should fuel your fire. By Lloyd ChapmanEntrepreneur Magazine October 9, 5600 What happened to the SBA? Over the past several years, the SBA's budget, staff and employee morale have been cut in half. Investigations by the...

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SBA Programs Set for Major Overhaul

News SBA Programs Set for Major OverhaulUnanimous vote approves a reauthorization of disaster-relief loans, among other changes. By Kathryn TuggleInc.com October 9, 5600 In the first development since Steven Preston was sworn in as administrator of the Small Business...

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Contracts database short on info, long on problems

News Contracts database short on info, long on problems By Chris GosierFederal Times October 9, 5600 When administration officials this year sought data to learn more about the booming practice of interagency contracting, there was one place they couldn't go for the...

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Media Firms Counted As Small Businesses

News Media Firms Counted As Small Businesses By Frank BassAssociated Press October 9, 5600 WASHINGTON -- Some of the nation's largest news media companies, including The Associated Press, were counted last year by the government as small businesses for contracting...

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Minority firms getting few Katrina contracts

News Minority firms getting few Katrina contracts Associated Press October 9, 5600 WASHINGTON - The Government Accountability Office is looking into whether small and minority-owned businesses have been given a fair opportunity to compete for the...

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