SBAProposed RuleMay 12, 2025

Hearings, Meetings, Proceedings, etc.: Tribal Consultation for 8(a) Business Development Program and Mentor-Protege Program Issues and Best Practices

Finance & BankingLabor & WorkplaceOther

Summary

The Small Business Administration is proposing to hold formal meetings with Native American tribes to get their input on two federal programs that help small businesses grow and succeed. These programs give special support to disadvantaged business owners and pair experienced companies with newer ones to help them develop, and tribal leaders want a say in how these programs work.

Key Points

1The SBA will meet with Native American tribes to listen to their concerns and ideas about the 8(a) Business Development Program and Mentor-Protégé Program
2These programs help disadvantaged small business owners and connect them with experienced companies for guidance and support
3Tribal consultation means the SBA is committing to include Native American voices in decisions about how these programs operate and what rules guide them
4This proposed rule is in the early stages and is open for public comment before it becomes final
5Better tribal input could lead to these federal programs working more fairly and effectively for Native American-owned businesses

Key Dates

Published

May 12, 2025

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This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.