The U.S. Small Business Administration Los Angeles District Office
17th Annual Minority Enterprise Development Awards
Thursday, January 15th, 2004.
“Santa Barbara Applied Research, Inc. (SBAR), received the prestigious 8(a) Graduate of the Year award from the U.S. Small Business Administration (SBA) today. Ms. Grace Vaswani, SBAR’s President and CEO is a true American small business success story. The company was certified into the 8(a) program in 1991 and graduated in 2000. Thanks in part to the SBA assistance and aggressive self-marketing, SBAR acquired numerous 8(a) contracts totaling $75 million. Founded in 1968, the 8(a) program helps socially and economically disadvantaged small businesses obtain government contracts.”