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WASHINGTON, D.C.— Recently, the U.S. Black Chambers Inc. (USBC) hosted a fireside chat with the Small Business Administration (SBA) Administrator Isabel Guzman to discuss the recent decision issued by the U.S. District Court for the Eastern District of Tennessee (Greenville Division) on the Ultima Services Corp. v. U.S. Dept. of Agriculture case. The court ruled in late July that the SBA’s 8(a) Business Development program could no longer rely on race as a justification for stating a business’ social disadvantage and need to use the 8(a) program, this program is critical in connecting entrepreneurs of all backgrounds to contract opportunities in a competitive marketplace.
Following the case, all new applications to the 8(a) program were put on pause, followed by a release of public guidance explaining that the program will now require all current participants who certified under the presumption of social disadvantage to re-certify using a…
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