SBA program upended in wake of Supreme Court affirmative action ruling
Thousands of Black, Latino and other minority business owners are scrambling to prove that their race puts them at a “social disadvantage” after a federal judge declared a key provision of a popular Small Business Administration (SBA) program unconstitutional, extending the U.S. Supreme Court’s recent retreat from affirmative action.
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The SBA’s 8(a) Business Development program was meant to open a pipeline to billions in government contracting dollars for historically disadvantaged groups. But in July, a...