Trump team wants to expand the definition of ‘small business’ to include billion dollar companies
- Posted on August 26, 2026
- By The Independent
- 1 Views
- 1 min read
In brief
The Trump administration's Small Business Administration is proposing significant regulatory changes to redefine what qualifies as a 'small business.' Under the new framework, companies with annual revenues exceeding $1 billion could potentially receive small business designations and related federal benefits. This controversial proposal aims to modernize outdated thresholds, though critics argue it could redirect crucial resources away from genuinely small enterprises toward large corporations, fundamentally altering the landscape of federal small business support programs.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
Trump team wants to expand the definition of ‘small business’ to include billion dollar companies
The Small Business Administration is proposing a rule that would massively increase the cap at which companies are considered ‘small’ – with some allowed to make over $1 billion
