As of July 15, the initial caps on net worth, adjusted gross income, and fair market value of assets for the 8(a) program have gone up. The dollar amounts for initial 8(a) economic disadvantage eligibility have increased quite a bit, making more people economically eligible. Read on for the details on this change. We wrote about this revision in a couple of posts (here and here). But the rule is now official, and the 8(a) program should be open to many more applicants under the new rules.
To read the full story and new rules, click HERE.