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Feel Cheated?

The SBA's corruption scandals should fuel your fire.

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This story appears in the August 2006 issue of Entrepreneur. Subscribe »

What happened to the SBA? Over the past several years, the SBA's budget, staff and employee morale have been cut in half. Investigations by the SBA's Office of Advocacy and the Office of Government Accountability found that billions in federal contracts awarded to some of the largest corporations in the world were reported as small-business awards. A report by the Office of Advocacy found that the SBA had completely failed to ensure that bundled contracts were broken up to give legitimate small businesses their fair share.

How did an agency established to assist small businesses come to this? Somewhere along the way, the true mission of the SBA was hijacked by bureaucrats and politicians. Now the future of the SBA is in jeopardy, as more information comes out that major defense contractors like Northrop-Grumman and General Dynamics are the actual recipients of billions in federal small-business contracts.

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