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Tag Archives: small business

Rep. Adam Smith on Acquisition Reform, National Security

House Armed Services Committee Chairman Adam Smith (D-Wash.) told Defense News in an interview published Friday that he will prioritize acquisition reform. “I’m a big believer in competition and commercial off-the-shelf technology. We need to make sure we encourage as many competitors as possible."

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DoD Study Examines Compliance of Small, Large Firms With Cyber Standards; Kevin Fahey Quoted

A recent Department of Defense study says small and large contractors are struggling to comply with DoD’s new cybersecurity standards, Defense One reported Monday. “For the most part, the big companies do very well,” Kevin Fahey, assistant defense secretary for acquisition, told reporters at the Pentagon Monday. “But in no case do they meet everything that they thought they met.”

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Katie Arrington: Pentagon’s Cyber Certification Model Specifically Designed for Small Businesses

Katie Arrington, special assistant to the assistant secretary of defense for acquisition for cyber, said the Department of Defense’s new cybersecurity certification model seeks to help small businesses comply with cyber controls through a tiered rating system depending on the platforms they are asked to protect, Fifth Domain reported Tuesday.

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Sens. Marco Rubio, Gary Peters Present Small Business Cybersecurity Bill

Sens. Marco Rubio, R-Fla., and Gary Peters, D-Mich., introduced a bill to better inform small businesses on cybersecurity. The Cybersecurity Assistance Act of 2019 will task the Small Business Administration to provide these firms with cybersecurity counseling and access to informative materials, Rubio’s office said Monday

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Small Business Administration Reports Contracting Achievement for Fiscal 2018

The federal government has exceeded its targeted amount of small business contracts for fiscal year 2018, marking the sixth year of meeting the annual goal. Around 25 percent of federal contract funds, totaling $120.8 billion, went to agreements with small businesses, the U.S. Small Business Administration said Tuesday. This record exhibits an increase from last fiscal year's $15 billion.

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Ellen Lord: DoD Aims to Bring Together Investors, Companies via ‘Trusted Capital Marketplace’

Ellen Lord, undersecretary for acquisition and sustainment at the Department of Defense, said she approved a new program that “will convene trusted sources of private capital with innovative companies critical to defense industrial base and national security.” Lord, a 2019 Wash100 winner, said Friday in a press briefing the Trusted Capital Marketplace is a public-private partnership that seeks to launch a pilot program that will help small- and medium-sized firms produce "emerging defense and commercial technologies."

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Sens. Heinrich and Ernst Introduce Mentor-Protege Legislation

Sens. Joni Ernst and Martin Heinrich unveiled a bill to allow the continuation of the Department of Defense's Mentor-Protege Program. The Defense Small Business Advancement Act will assist small businesses that serve as suppliers to private companies, civilian agencies and DoD customers through mentorship efforts from seasoned contractors, the office of Sen. Heinrich said Tuesday.

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SBA, Visa Seek Disaster Recovery Apps via Small Business Week Hackathon

The Small Business Administration and Visa will hold a three-day hackathon that aims to encourage entrepreneurs and designers to develop applications and other platforms meant to help small businesses recover from natural disasters, FedScoop reported Monday. Participants will have access to the Visa Developer Platform and the U.S. government’s application programming interfaces to develop their apps as part of the Small Business Week hackathon that will kick off Friday, May 3, in Washington, D.C.

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