Indianapolis Recorder, Indianapolis, Marion County, 23 August 1997 — Page 23

THK VI0IAIIAP0U8 RECORDER

PAQED3

SATURDAY. AUQ08T 23,1907 SBA ConSniMd from Pag« D1 less. The new limit will not apply to firms already in the prognun as of January 1,1997 and all participants will continue to be allowed to compete for the nonsoie-source 8(a) contracting. The proposed Mentor-Protege Program will offer firms in their early years ofparticipationadiance to pair with older 8(a) businesses or firms that have already successfully completed the program. Among the new benefits are rules permitting expanded capital investments and joint-venturing opportunities so teams can compete for larger contracu. A one-year commitment would be required from a mentor to avoid potential abuse and a prot^e firm will always have the option of terminating an unproductive relationship. A provision that will have a pronounced impact on 8(a)s and odier small businesses has to do with changes in affiliation rules, or socalled 'teaming arrangements.* Under current regulations, if the total combined revenues or total employee count of a newly-fotmed team exceeds the standard for what the SBA calculates as a‘small business, ’ that new team cannot qualify for a contract reserved for small businesses. Under the proposed regulations, as long as all the individual members of a team qualify as small, then the new grouping will also be considered small. This provision is seen as a way for small firms to band together to secure laiger.more challenging prime contracts, thereby reducing die effect of contract bundling. Bundling is when several small contracts are lumped together, which limits small business participation. An additional provision will, for the first time, allow franchise operators to apply for 8(a) status. Another provision permits greater flexibility for Alaskan Native Corporatiutis and Native American tribes to own and develop 8(a) firms. TheSBA , s8(a)program, named for a section of the Small Business Act, is a business development initiative that helps socially and economically disadvantaged American citizens gain access to the economic mainstream. Many of the participating firms are minorityowned businesses. In fiscal year 1996, die program accounted for about $6 billion in federal contracting. Through the 8(a) program, the SBA has enhanced the viability of thousands of firms, helping them provide employment to more than 150,000 American woricers. Hie program generates subcontracting opportunities for other businesses and additional customers for the nation’s suppliers. Above all, the 8(a) program has provided an avenue fordisadvantaged Americans to achieve entrepreneurial success and to the strength and vigor of our economy. MAYS Continued from Page D1 As member of the GM Supplier Ambassador Program, Mays Chemical continues performing in ways which support the achievement of OM's goal to provide the highest quality products to its customers. The Ambassador Program means that theGM Worldwide Purchasing group works proactively tobuildastronger relationship with Mays. The official awards presentation took place in Rio de Janeiro, Brazil in May of this year and will culminate with ceremonies scheduled at the Mays Chemical headquarters on August 15. Mays Chemical was formed in March, 1980 to provide distribution services for chemical raw materials to food and pharmaceutical industries. Today the company is the 15th largest chemical distribute in North America and the 1 Idi largest minority-owned company in die Black Enterprise 100. Employing over 125 employees, the company boasts sales revenues over $100 million and distributes products to 40 states, Canada, Mexico, and Puerto Rico and other International locations. Mays chemical serves companies in virtually every type of manufacturing industry including food, beverage, durable goods, cold-rolled steel, bioengineering end tngti^tocfi elec* ^— ironies.

(g^ix months ago, the Daileys weren’t even dreaming of owning a home.

The reality it, if you take control of your money, you can own your own home. And as part ofour unique credit counseling program, we can show you how. Well start by reviewing your financial situation. Then well work together to develop a plan that makes it possible for you to purchase a home of your own. There are a number of mortgage options available, including our Community Mortgage Loan that lets you borrow up to 175,000. So take die first step. Call us at (317) 816-1402. And start living your dreams.

t'M m n*

si s>

McnixrFDlC ft A_li K I N 0

Tnk* control of yonr moncyT

llii/ljn'cns ( nuj)on

llUmnwr Ura1WMS«7

l\ ( minon

S*1tam.Sf3M»

2 99 !

Reg

$3^9

ExceUe No-lye Relaxer Dark & Lovely; choke of formulas. Limit 2.

Warning: Follow directions careMfy to avoid ddn and scalp irritation, hair breakage and eyp injury. 0

iO': More i *»or l p£

>o»<m styling

99*

Pro*StylGei,6-az. Ampto; protein styling gel. Choice of formulas. 2-ox. FREE with 4-oz. Limit 2.

\\.ili^rrrns ( im\)on

SkhltotMWr •relhertMaw f* Bump Stopper-2 High time; S-oz. razor

bump ire Doubles

U.i/l’/cc/js ( ouium

BUMP STOPPER 2

■strength.

Lim« 2.

4

Gentfe-Treatment Creme Relaxer fohnsen Products; no-tye concKtioning relaxer. Warning: Follow dkectians Choice of formulas. Lima 2. carefully to avoid skin and sca|p kritaiion, hair breakage and eye Injury.