LinkLinksOpinion Washington Post Editorial Board: A federal program to boost struggling businesses is a backfiring embarrassment By Editor On Nov 29, 2019 Last updated Nov 29, 2019 30 Share THE PUBLIC has been aware for months that a federal program created to steer government business to small companies in disadvantaged areas has actually subsidized companies in the District’s most affluent areas, to the tune of $540 million. The Post’s John D. Harden laid bare this distortion of the Small Business Administration’s Historically Underutilized Business Zones (HUBZones) program in April. What had not been quite clear until now was precisely why a program meant to help otherwise-struggling businesses was instead awarding federal contracts to just 11 firms located in the hot areas of Dupont Circle, Navy Yard and downtown. 30 Share FacebookTwitterReddItWhatsAppEmailPrint
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