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An SBA set-aside is a procurement mechanism designed to help small businesses compete for federal contracts by reserving a portion of these contracts exclusively for them. This initiative aims to promote small business participation in government contracting, thereby fostering economic growth and job creation. By ensuring that certain contracts are only available to small businesses, the SBA set-aside helps level the playing field against larger firms.

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3mo ago

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Related Questions

What is the purpose of an SBA bank loan?

To learn the purpose of an SBA bank loan contact your local SBA bank and ask about their loans and rates You can also check out their site for more information on SBA bank loans


Which term means to set aside?

Annul, cancel, and dissolve are all words that mean "set aside."


An area set aside for a specific purpose?

actully the right anwser is reservation sorry but your not right thats not even and anwser


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set-back axle


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The continent of Australia was set aside for this purpose.


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How and where do i go to apply for an sba loan application How high is interest?

In order to apply for a loan with SBA, you should contact your local lender. Lenders can be found on SBA.gov. SBA does not actually set the interest rates, but they do set a maximum amount that can be charged.


In a Sinking Fund cash or cash assets are set aside for what purpose?

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