SBA Proposes End to Race-Based Eligibility for 8(a) Business Program

The Small Business Administration (SBA) has announced a proposed rule to remove race as a sole criterion for determining "socially disadvantaged" status within its 8(a) Business Development Program. This reform aims to dismantle the existing race-based admissions framework. The change would mean individuals would no longer qualify for the program based solely on their membership in a racial minority group.