Policy News – February 23, 2023

The Office of Management and Budget (OMB) announced the launch of two new online tools to help more small businesses participate in the overall process for federal contracts. The first tool is a supplier-based dashboard that will help federal agencies track the total...

Industry News – February 23, 2023

Black Farmers Received Lowest Amount of USDA Loans in 2022 Per New Analysis Only 36% of Black farmers were granted direct loans by the U.S. Department of Agriculture (USDA) based on an NPR analysis of submitted applications. Advocates for farmers of color cite the...

Policy News – February 16, 2023

The Department of Defense recently released its 2023 Small Business Strategy to streamline efforts to make it easier for small businesses to work with the Pentagon. This is a response to a 40% decline over the last decade in small businesses participating in defense...

Industry News – February 16, 2023

Small Business Participation in Federal Contracts Continues Years-Long Decline The number of small businesses receiving federal contracts continued its years-long decline in 2022 according to a new report. Just under 60,000 small companies received federal contracts...

Policy News – February 9, 2023

The House, with bipartisan support, recently passed three bills to improve opportunities for small businesses. HR 400 Investing in Main Street Act aims to increase how much banking entities can invest in small business investment companies (SBICs). HR399 The Small...