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SBA Program Provides Women-Owned Businesses Greater Access to Government Contracts
The Small Business Administration's Women's Procurement Program Rule could provide easier access to $500 billion worth of federal contracting opportunities.
Posted 10/ 26 10 at 9:00 PM | News, Money, Leadership, Legal Issues, Government Services
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After being stalled for nearly 11 years, the Small Business Administration's Women's Procurement Program Rule was put into effect earlier this month -- potentially providing easier access to $500 billion worth of federal contracting opportunities for women-owned businesses.The new rule dictates that women-owned businesses must account for 5 percent of government contracts, up from the current 3.4 percent. Eligible businesses must be at least 51 percent owned and controlled by women who are U.S. citizens, to enjoy deals of up to $3 million in many industries and up to $5 million in the manufacturing sector.
The Women's Procurement Program came under review again when President Obama signed the Small Business Jobs Act of 2010, which brought uniformity back to many of the SBA's small-business contracting programs. Administration officials emphasized that the new program will receive the same attention as any other small-business contracting program, an issue that buzzed throughout the Women in Public Policy Annual Leadership Conference in late September. At the conference, WIPP released its "Economic Blueprint: The Women Business Owners' Platform for Growth," which highlighted the procurement program and acts as WIPP's official stance about the particular challenges women-owned businesses face that need to be addressed by elected officials.
SBA Administrator Karen Mills noted the need to boost contracting opportunities to women-owned firms, as a way to boost the overall economy. "Women-owned businesses are one of the fastest growing sectors of our nation's economy, and even during the economic downturn of the last few years, have been one of the key job creation engines in communities across the country," she said in a statement. "Federal contracts provide critical opportunities for owners of small firms to take their business to the next level and create good-paying jobs."
The program will take full effect in early 2011.
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Comments (Page 1 of 3)
Sounds like discrimination to me. Aren't there more women in America then men? Why are they a minority again?
It's a load of crap! I went to the SBA in 1987 when I read about funding for women in business and was told I had to be in business 5 years first to prove myself. I had already grown out of my kitchen over the years and into a shop. 5 years later they said if I looked better on paper. 5 years later they told me my sister and mother should remortgage their homes and invest in the business. All LIP SERVICE to make it look like they are doing something. I was in business 27 years and thanks to taxes and insurances and all the crap they allow the banks and utilitys get away with .....we are out of business. too late now!
You're lucky you didn't work for the government. They don't and haven't paid their bills for years. I live in Bummers home state. If it wasn't for Chicago and a huge base of government entitleists we'd be FAR better off. I had state engineers contact me wanting me to solicite work from the state. Yep you got it ..they solicited me to solicite them. Got pretty offended when I told them I don't work for dead beats. State and local governments are BROKE they will let you do the work but not a WORD about them PAYING you for it
THE FEAR OF A DISCRIMINATION LAWSUIT WHEN AN EMPLOYER HAS TO GET RID OF DEAD WOOD THAT HAPPENS TO BE A MINORITY CAUSES MANY TO PICK THE LESS RISKY EMPLOYEE. tHE UNINTENTIONAL CONSEQUENCES OF FEEL GOOD LEGISLATION AND PC ATTITUDE. NOT SO MUCH RACISM AS REDUCING RISK!!
More BS, looks good on paper, but paper des not fly. My woman-owned small business was squeezed out of the contracting market five years ago due to large corps squirreling away limited government funding. Many large corps have sheilded themselves from minority contract requirements by creating umbrella "woman-owned" businesses that take a small percentage to use their credentials. Nice work if you can get it.
Sorry, but white gay men are the most over represented group in America
what about other oppressed groups - like white gay men? where is their help?
O the hypocrisy of trying to get the female vote, by pushing this old idea a whole day before the mid term! Our Savior had no time in the first 700 days of His presidency to get this done? Aside from this, the move is definitely sexist.
"How stupid does he think the people of this country is?" Take a look at where we are now. We talk about the problems but do nothing, The gas prices are going to put the economy totally under very soon. We are buying oil from the people that want us dead. We are letting the other countries take our jobs away by working for pennies. Do you think the government cares? It sure doesn't look like it. With just a few changes in our governments ways, we can straighten ourselves out and be the country we should be again. We will all be on the bread line soon again. It's coming 100 miles an hour and most people can't see it. Keep the oil and the jobs here and alot of our problems will be solved. I can post plenty more solutions but it wouldn't do any good. It is what it is!
Our messiah hasn't made it rain jobs yet, and afcourse we want results now now now. We stomped our feet and cried this ellection and got a republican house. Well it took 8 years of bush to screw things up and it'll take 8 years of Obama and Democrats in power to fix things. But that won't be possible any more because now his hands are more tied than ever. The economy is stable now but afcourse that's not good enough. We didn't really give him the chance he deserved and afcourse we will blame him when he fails but we're the ones that keeps changing course. Guess what, if we go one way for 2 years and the other the next 2 years, we get nowhere. Let's take responsibility for our own lives and grow up a little. Patience is a virtue.
Oh yeah, another load of pony droppings but I sure don't see no pony here. Like magic SHAZZAMMM and the magic commie reformer thinks he can produce another thirty million Democrats. I don't think so. How stupid does he think the people of this country are?
How stupid does he think this country is? Well...VERY! And why not?! The stupid believed this guy and put him in office when all the FACTS told them otherwise! So yeah, he BELIEVES this country is STILL stupid!!! Until the people of this country STOP believing this guy and SHOW HIM but making him stop (voting him out!) he will continue to believe this is one very stupid country! And why not, it's worked VERY WELL for him so far! So don't get all bent out of shape because he thinks you happen to be stupid and will continue to believe what he says, he's just working exactly what has worked very well for him in the past. If you don't like being made to look stupid then vote his ass out! It's as simple as all that ya know, it's not rocket science!
Oh Please, The SBA doesn't work for most and never did, however the blame doesn't belong to this admin especially not Pres Obama he just got here. First you said he was trying to do too much. then he was to focus on the war and not taking care domestic issues like the economy then he wasn't looking out for the left out, then he wasn't taking care the borders and wasn’t….. OH PLEASE SAVE US THE BLAME GAME! you know who you should blame if your business failed: You first and the economy second nether which Pres Obama, even if YOU think he should of used "his god like powers", could fix all of America's troubles includingYou, remember God gave us free will. Most of all no President or Congress can fix all or most of our failures in one term.
How stupid does he think the country is? Sometimes it's about the same as H.L. Mencken described it.
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You have to be doing $3-$5 million in business already? Who says the democraps are for the little person, this looks like the rich getting richer. This looks like a Pelosi severance package to me.
I have followed this article to find the Jobs Bill and read its content. However, the Jobs Bill has been taken off the internet? What is going on here? Does anyone know the link to get to the Jobs Bill? and Why would they take it off of the internet?
Why don't they use all this crap to fertilize the White House lawn? That's a "green job", isn't it?
The Obama/Pelosi proposed legislation for a "1% transaction fee" on all bank transactions is HR 4646 . . . everyone should check this out on-line to see what it is really about.
The proposed legislation is a 1% tax (they want to call it a fee) for all bank transactions . . . deposits, debit card usage, transfers of monies, payments of bills, etc. it is almost too astounding to really believe that Obama, Pelosi and those who were "dedicated to not increasing taxation of the middle and lower classes would EVER attempt to do. Actually, with the 1% tax being charged on ALL of the various bank transactions would amount to being more like a 2% or GREATER "tax . . . they would charge people for deposits, and then for expenditures. Doesn't that equate to being MINIMALLY a 2% tax; and it hurts the lower income individuals the most.
The American people had better wake up to what is being done to tax them to provide subsidies to bail out the corrupt bankers who caused the economic ruination of our nation via bad mortgages, derivatives, etc. Worst of all, this is unequivocal demonstration of the corruption of those who profess to be "looking out for the best interests of the American people" And then they are going to fine anyone who doesn't take out the compulsory NHC - National health Care insurance? What kind of country is America evolving into? it is time for the American people to rise up against these travesties by our politicians. Vote them ALL out of office
Why hasn't this become a political issue publicized by the candidates?
You have lost your mind if you believe this talk. Because that is what it is - all talk. Go out there and see what kind of loan is available and you will find what I already know - NONE. I am a woman and a small business owner for over 16 years and there is NOT anything out there for us unless you don't need it. If you have a ton of money to put in their bank or show big profits - but who has that nowadays ?? I deal with other small business owners all the time and Obama (the liar) also said he was going to "make" the banks give more loans to all small businesses. Well, it Ain't happenin folks ! I bet you still believe in the tooth fairy too. "you serve us well" ??? HAHAHAHAHAHA