Nice work, Reid! As best I understand it, the bill would allow companies that sell to an ESOP to retain their HUB status for a period--the idea being that if a minority business owner wanted to sell their business to non-minority employees, they wouldn't automatically lose that HUB status and the benefits that come with it.
Nice work, Reid! As best I understand it, the bill would allow companies that sell to an ESOP to retain their HUB status for a period--the idea being that if a minority business owner wanted to sell their business to non-minority employees, they wouldn't automatically lose that HUB status and the benefits that come with it.