Blog

In August, the Small Business Administration ("SBA") issued a proposed rule that included significant and sweeping changes to its regulations, including to its rules on joint ventures, mentor-protégé, HUBZones, and others. Notably, with regard to mergers and acquisitions ("M&A"), SBA proposed to amend its negative control affiliation and recertification rules (discussed here and here). As noted in those articles, SBA's revised M&A provisions (as written) would likely stifle investment and hinder growth opportunities for small business.

On December 17, 2024, SBA ...