Green Touch Builders | SBA wants to expand its mentorship program to help small businesses — and close a loophole that masked fraud in the process
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February 5, 2015 By SEO Admin

SBA wants to expand its mentorship program to help small businesses — and close a loophole that masked fraud in the process

The Small Business Administration wants to establish a governmentwide mentor-protégé program to match small contractors with more experienced ones — in the process, closing some loopholes that masked fraud in such programs in the past.

The proposed rule, released Thursday, would essentially expand benefits currently offered only to those certified as small disadvantaged businesses under the SBA’s 8(a) program to small businesses owned by women and service-disabled veterans, and those located…