The U.S. Small Business Administration has proposed to adjust the size definition of small businesses in professional, scientific, and technical sectors, and other service sectors, to expand eligibility for small business programs.

 The proposed rule, which was published for comment last Wednesday in the Federal Register, would increase the revenue-based size definition that businesses need to meet to qualify as small businesses. It applies to businesses in 36 industries and one sub-industry in professional, scientific and technical services, and one industry in other service sectors.

Register or login for access to this item and much more

All Employee Benefit News content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access