The U.S. Small Business Administration has changed the

dollar amount of a business’ annual receipts that determines

whether it is eligible for to win federal contracts in the

facilities support services industry and receive assistance

by raising the revenue criterion from a maximum of $6

million to $30 million in annual receipts, which will bring

more companies under the “small” business category.

Companies in favor of the change argued that the criterion

more accurately reflects the size of the government contracts

in that industry and therefore would enable smaller businesses

to grow and better compete with larger companies, says SBA,

which adds it looked at average firm size, start up costs

and competition in the industry when reaching its decision.

SBA offers financing and loan programs and contracting and

business development programs. To learn more, visit SBA’s

Office of Size Standards at http://www.sba.gov/size.