Categorized | Breaking News

Small businesses won record $93.3 billion in federal contracts in 2008

Small businesses won a record $93.3 billion in federal prime contracts in Fiscal Year 2008 (Oct. 1, 2007–Sept. 30, 2008), an increase of almost $10 billion from 2007, according to the U.S. Small Business Administration’s third annual small business procurement scorecard. In addition, small disadvantaged businesses, women-owned businesses, and service-disabled veteran-owned businesses increased their share of federal contracting dollars by at least $1 billion to $3 billion.

As part of its ongoing efforts to increase access to contracting opportunities for small businesses, the SBA is continuing to work with federal agency procurement staff to strengthen the integrity of contracting data, including providing tools to facilitate public review of data and training to improve accuracy.

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