Region: North America
Country: United States
Keywords: Legal Framework
Small Business Act of 18 July 1958 (Public Law 85-536, as amended on 17 January 2014)
The Small Business Act of 1958 was passed for the benefit of small business concerns. According to the Act the federal government must award 5% of its prime and subcontract dollars to women-owned small businesses. For more information on this aspect see Women-Owned Small Business (WOSB) Program - Contracting Officer's Guide to the WPSB Program.
Updated: August 25, 2020