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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 ? Over the past several years, theSBA's budget, staff and employee morale have been cut in half.Investigations by the SBA's Office of Advocacy and the Officeof Government found that billions in federalcontracts awarded to some of the largest corporations in the worldwere reported as small- awards. A report by the Office ofAdvocacy found that the SBA had completely failed to ensure thatbundled contracts were broken up to give legitimate smallbusinesses their fair share.

How did an agency established to assist come tothis? Somewhere along the way, the true mission of the SBA washijacked by bureaucrats and politicians. Now the future of the SBAis in jeopardy, as more information comes out that major defensecontractors like Northrop-Grumman and General Dynamics are theactual recipients of billions in federal small-businesscontracts.

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