Tag Archives: small business

SBA Chief Isabel Guzman on Critical Need to Provide Federal Relief to Small Businesses

Isabel Guzman

Isabel Guzman, administrator of the Small Business Administration (SBA), told The 19th in an interview published Thursday that providing immediate federal relief to small companies is “really critical” as these businesses deal with the economic impact of the COVID-19 pandemic. Guzman highlighted the need to link small businesses to the federal marketplace.

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NASA Funds Small Business for Research, Development of New Space Tech; Jim Reuter Quoted

Jim Reuter

NASA has invested $45 million in 365 small business projects that support the areas of space science and technology, aeronautics and human exploration. The space agency said Thursday it funds these companies with up to $125,000 each for the Small Business Innovation Research and Small Business Technology Transfer program's first phase, where they demonstrate the feasibility of proposed technologies.

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AFVentures Reports $710M in Contracts Awarded Via Open Topic Program; Maj. Jason Rathje Quoted

Maj. Jason Rathje

The Department of the Air Force’s commercial investment group AFVentures has issued its annual report for fiscal year 2020 stating that it has awarded $710 million in contracts to over 1,400 small businesses using the Open Topic program since its formation in 2018. Maj. Jason Rathje, director of AFVentures, said the report seeks to reflect the program’s return on investment for the Air Force and Space Force.

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GAO Adds Small Business Emergency Loans, Drug Misuse to High-Risk List

Drug Misuse

The Government Accountability Office (GAO) has added national initiatives to respond to, recover from and prevent drug misuse and emergency loans for small businesses to its “high-risk list” or areas in federal operations that require major reforms to reduce waste and address fraud, mismanagement and abuse. The addition of the two new areas to the 2021 list brings the total number of high-risk areas to 36. 

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Farooq Mitha Sworn In as Small Business Programs Director at DOD Industrial Policy Office

Farooq Mitha

Farooq Mitha, president and CEO of Imbue Group, has taken oath as director of small business programs at the office of the deputy assistant secretary of defense for industrial policy, the Department of Defense (DOD) said Monday. Prior to DOD, Mitha served as a partner at law firm Geller Mitha.

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Laura Stanton: IT Category at GSA’s Federal Acquisition Service Reports Over $30B in FY 2020 Revenue

Laura Stanton

Laura Stanton, assistant commissioner for the office of Information Technology category at the General Services Administration’s (GSA) Federal Acquisition Service (FAS), said the IT category recorded more than $30 billion in fiscal 2020 revenue, up from the previous fiscal year’s $26.5 billion. “Out of that, we also provided more than $2 billion in savings and cost avoidance to the customers out of ITC alone,” she added.

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Michael Hayduk on Air Force Research Lab’s Quantum Initiatives

Michael Hayduk

Michael Hayduk, deputy director of the information directorate at the Air Force Research Laboratory (AFRL), said AFRL has launched several initiatives focused on advancing quantum information science. He said the lab awarded 23 Small Business Technology Transfer Phase II contracts worth approximately $35 million to 15 small businesses in December 2020 for projects spanning AFRL’s four QIS technical areas. 

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Incoming Administration Expected to Support Small Businesses With $400B Procurement Effort

Federal Contracting

Contracting opportunities for minority-owned and small businesses are likely to increase under the administration of President-elect Joe Biden given his campaign’s proposed $400 billion procurement effort. The Biden campaign’s website says the $400 billion plan seeks “to support small businesses and tackle inequities in the federal contracting system,” by expanding the Small Business Administration’s (SBA) 8(a) development program. 

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Laura Stanton Offers Update on GSA’s STARS III, Polaris Small Business IT GWACs

Laura Stanton

Laura Stanton, assistant commissioner of the office of information technology category at the General Services Administration (GSA), said GSA plans to award the potential $50 billion STARS III governmentwide acquisition contract set aside for small IT businesses in fiscal year 2021. Stanton said a draft solicitation for another small business IT GWAC, Polaris, will be released soon on the beta SAM website.

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Air Force Updates Investment Strategy for Small Business Contractors; Lt. Gen. Duke Richardson Quoted

Lt. Gen. Duke Richardson

The U.S Air Force is modifying its innovation strategy to focus more on breaking down barriers for small businesses that are new to working with government customers, National Defense Magazine reported Thursday. The Air Force has recently awarded a number of first-time contractors for the Small Business Innovation Research program.

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