The government has a contracting goal of 5% with women-owned companies and to date the federal government has never met this goal. Starting in early 2011, the Small Business Administration (SBA) will have procedures in place to help women-owned companies gain access to more federal contracts. 

The program will allow contracting officers to restrict competition in 83 industry categories to women-owned small businesses. When the program was being defined 45 industries were deemed “underrepresented” and 38 industries were deemed “substantially underrepresented” by women-owned companies.

"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 communites across the country," SBA Administrator Karen Mills said.

It is believed with this new program with federal government will achieve the 5% contracting goal with women-owned companies.

For more information click here.

The government has a contracting goal of 5% with women-owned companies and to date the federal government has never met this goal. Starting in 2011, the Small Business Administration (SBA) will have procedures in place to help women-owned companies gain access to more federal contracts.

The program will allow contracting officers to restrict competition in 83 industry categories to women-owned small businesses. When the program was being defined 45 industries were deemed “underrepresented” and 38 industries were deemed “substantially underrepresented” by women-owned companies.

It is believed with this new program with federal government will achieve the 5% contracting goal with women-owned companies.

For more information click here.