Tag Archives: small businesses

DoC Invests $2.3 Million to Support Business Development; Wilbur Ross, Morgan Griffith Quoted

The Department of Commerce’s (DoC) Economic Development Administration (EDA) has awarded a $2.3 million grant to the Economic Development Authority to construct the Floyd, VA Growth Center Building, secretary of Commerce Wilbur Ross announced on Tuesday. 

Read More »

NASA Awards $104M to Small Businesses Under SBIR Program Phase II Funding to Develop Technologies; Jim Reuter, Jenn Gustetic Quoted

NASA has announced that the agency has selected 139 proposals for Phase II follow-on awards through the Small Business Innovation Research (SBIR) program to provide approximately $104 million to 124 small businesses located across 31 states, NASA reported on Wednesday

Read More »

DoD Changes Sole-Source Contracts: $100M Do Not Need Justification

dod-changes-sole-source-contracts-100m-do-not-need-justification

The Department of Defense (DoD) has announced that contracting officers will not be required to issue a justification or obtain approval for the award of a sole-source contract under the Small Business Administration’s 8(a) program for awards up to $100 million, up from the prior $22 million limit, effective March 17, 2020. 

Read More »

SBA Finalizes Rule to Update HUBZone Program

The Small Business Administration has released a final rule that amends Historically Underutilized Business Zone Program regulations in a move to expand investment and contracting opportunities for companies that want to do business with the government.

Read More »

GAO: Army Futures Command Needs Better Small Business Coordination

The Government Accountability Office recommends that the Army Futures Command track small business engagements and bolster coordination with other U.S. Army components. GAO said Wednesday that it found the new command, despite supporting small businesses, does not maximize the use of Army expertise such as that of the service's Office of Small Business Programs.

Read More »

Ryan McCarthy: Industry Partnerships can Help Army, DoD Reach Acquisition Goals

Undersecretary of the U.S. Army Ryan McCarthy said during the recent Muster DC event that collaboration with entrepreneurs has significantly helped the Department of Defense reach its goals, the Army said Thursday. McCarthy noted that small businesses can support the DoD in its objectives by scaling out their concepts and ideas through partnerships with larger firms.

Read More »

Chamber of Commerce: Government Shutdown Significantly Affects Small Businesses; David Berteau Quoted

The U.S. Chamber of Commerce released data reflecting a loss of $2.3B in small business revenue due to the government shutdown, NextGov reported Thursday. The shutdown has affected 41,000 small businesses across the country over the shutdown's first 34 days.

Read More »

USAF Revamps Technology Transfer Program With New Efforts

The U.S. Air Force is accelerating the transition of new technologies to warfighters with new efforts under the branch's Small Business Innovation Research/Small Business Technology Transfer program. The renewed program includes an upcoming STTR-focused workshop and expanded coverage of contributors, Wright-Patterson Air Force Base said Monday.

Read More »