The SBA is amending its regulations to, among other things, do the following:
- Add mentor protege programs for all Small Business Concerns
- Change acceptable joint venture structures and affiliation
- Clarify factors for size determination
- Change how Native Hawaiian Organizations shall be required to demonstrate economic disadvantage
- Institute how the SBA will change the primary NAICS Codes for an entity owned firm
For more information, click here: Summary of Mentor Protege and Related Regulations