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Article: SBA Attempts to Minimize Diversion of Billions in Small Business Contracts to Corporate Giants.
- Article from:
- Science Letter
- Article date:
- November 4, 2008
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Yesterday, the Small Business Administration (SBA) distributed a press release attempting to characterize the recently presented findings of a Washington Post study as proof that only a small portion of federal small business contracts are diverted to large corporations. However, in its release the SBA failed to recognize that the Post's study determined that the government had awarded more than $5 billion in small business contracts to large corporations from a sampling of only $13 billion in contracts. According to the Post's findings, nearly 40 percent of the small business contracts they analyzed went to large corporations (see also American Small Business League).
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