The Small Business Administration announced that it certified more than 17,000 small businesses in fiscal year 2024, up 40 percent from federal contracting certifications recorded in FY 2023.
MySBA Certifications Platform Goes Live
SBA said Monday a new online tool, called MySBA Certifications, is now live and has started accepting applications.
The online platform, which was first announced in late July, is designed to improve the digital experience for small enterprises when applying for and managing multiple federal contracting certifications.
The agency expects MySBA Certifications to reduce the paperwork burden for certifying businesses and enable companies to manage all federal contracting certifications in a single place and access resources to help them win contracts.
“To increase opportunities for America’s small business owners, the SBA has rolled out MySBA Certifications, a streamlined technology tool that makes it easier for entrepreneurs to apply for multiple certifications with a single application,” said SBA Administrator Isabel Casillas Guzman.
Proposed Expansion of Rule of Two
Guzman also cited the agency’s proposed expansion of the Rule of Two to increase contracting opportunities for small businesses.
In late October, SBA started soliciting feedback on a proposed rule that would apply the Rule of Two to multiple-award contract task and delivery orders as part of a push to encourage the participation of small enterprises in multiple-award contracts.
Under the Rule of Two, an agency must set aside the award for small businesses when there is an expectation of receiving bids at reasonable prices from two or more small business contract holders under the multiple-award contract.
Comments on the proposed rule are due Dec. 24.
