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Firms receiving most money from federal small business program were ineligible

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A Small Business Administration program designed to help businesses in low-income areas get federal contracts gave a dozen firms, including three ineligible ones, 94 percent of the funding awarded over a six-month period last year. The 12 companies received 34.9 million from the SBA's HUBZone program between July and December 2012, even though 367 firms were certified during that period,...

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