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Tag Archives: small business

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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VA To Boost Contracting with Service-Disabled and Veteran-Owned Small Businesses

The Department of Veterans Affairs plans to boost contractual partnerships with veteran-owned and service-disabled, veteran-owned small businesses. The VA said Monday it aims to provide 17 percent of its contracts to businesses owned by veterans while 15 percent will be allocated to service-disabled veteran-owned businesses in a move to reinforce its contracting goals by five percent.

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OMB Issues Guidance on Category Management Implementation

The Office of Management and Budget released a memorandum directing federal agencies to implement a series of management actions and provide updates on such actions to advance category management. The memo seeks to “help the government buy as a coordinated enterprise and avoid the waste associated with duplicative contract actions,” Margaret Weichert, deputy director for management at OMB, wrote in the document released Wednesday

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GAO: FY 2015-2018 Awards to Small Businesses Majority-Owned by Investment Firms, Funds Totaled $43.6M

The Government Accountability Office has found that only three out of 11 federal agencies that take part in the Small Business Innovation Research program awarded grants and contracts to small firms owned by venture capital companies, hedge funds and private equity firms in the past four fiscal years. Those three agencies are the Department of Education's Institute for Education Sciences, Department of Energy's Advanced Research Projects Agency-Energy and the Department of Health and Human Services' National Institutes of Health, GAO said Friday.

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Gen. Stephen Wilson: Air Force Launches Efforts to Speed Up Procurement Process

Gen. Stephen ‘Seve’ Wilson, Air Force vice chief of staff, told National Defense in an interview published Monday that the service has initiated efforts to accelerate the acquisition process in order to expedite the delivery of capabilities to warfighters. He noted that Will Roper, assistant secretary of the Air Force for acquisition, technology and logistics, came up with an idea to have the service sign 50 contracts in 50 hours in a move to speed up the procurement process.

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Air Force to Test New Contracting Process for Startups in October; Will Roper Quoted

The U.S. Air Force plans to test in October a new process that aims to speed up contract awards to startups and small businesses within days, FlightGlobal reported Friday. Will Roper, assistant secretary for the service's acquisition, technology and logistics, said the process would involve a call for startups to present their ideas in one or two pages and pitch their concepts through a “90-second video like Kickstarter.”

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