SBA Revisions Help White Women-Owned Businesses
On August 13, the Small Business Administration published proposed changes to its minority program, which allows federal agencies to reserve contracts for minority-owned firms. Small Business Administrator Aida Alvarez said the goal of the revisions is adding to the program several thousand new firms. Alvarez believes these additions will be mostly white women-owned firms. Diana Bowling, owner and president of Dyna Corp., supports the proposals. "I've never understood why the SBA hasn't recognized [all] women as a disadvantaged class," she said. "Women are still not part of the 'good old boy' network that is a big part of how [construction] contracts are awarded." Officials hope to make the new SBA rules final in October.
Media Resources: The Washington Post - August 13, 1997