Business/E-Business
Commentary
1/30/2008
04:33 PM
Jake Widman
Jake Widman
Commentary
Connect Directly
RSS
E-Mail
50%
50%

SBA Accused of Slighting Women

Fortune via CNNMoney

Women's business organizations plan to attend a U.S. Senate hearing today, to protest the Small Business Administration's choice of industrial sectors eligible for set-asides for women-owned businesses.In 1994, a law was passed to ensure that women-owned businesses (of which there are an estimated 10 million in the U.S.) received 5 percent of all federal contracts. But after 10 years, the proportion was still only at 3.4 percent. So in 2006, under contract to the SBA, the Rand Corporation launched a study to determine which industrial sectors women were under-represented in. Based on the study, the SBA came up with four (out of 2,300) areas in which contract set-asides would be available to women-owned businesses: national security consulting, printing and engraving, cabinet making, and some vehicle sales.

These results, and the SBA's proposal, were met with scorn and opposition by women's business groups and their allies. "I am very surprised at the small portion of the market that Rand focused upon," said Erin M. Fuller, executive director of the National Association of Women Business Owners. And Margot Dorfman, executive director of the U.S. Women's Chamber of Commerce, said, "We have no idea how the SBA came up with these four sectors."Fortune via CNNMoney

Comment  | 
Print  | 
More Insights
The Business of Going Digital
The Business of Going Digital
Digital business isn't about changing code; it's about changing what legacy sales, distribution, customer service, and product groups do in the new digital age. It's about bringing big data analytics, mobile, social, marketing automation, cloud computing, and the app economy together to launch new products and services. We're seeing new titles in this digital revolution, new responsibilities, new business models, and major shifts in technology spending.
Register for InformationWeek Newsletters
White Papers
Current Issue
InformationWeek Tech Digest - September 10, 2014
A high-scale relational database? NoSQL database? Hadoop? Event-processing technology? When it comes to big data, one size doesn't fit all. Here's how to decide.
Flash Poll
Video
Slideshows
Twitter Feed
InformationWeek Radio
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.