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    May 23, 2011

    The Federal Government is close to meeting its 23 percent small-business goal.  The percentage of contracting dollars that went to small businesses were 21.5% and 21.9% in 2008 and 2009, respectively.  Small businesses are able to capture about $100 billion a year in Federal contracts, with each percentage point equating to $4 billion in revenue for small firms. 

    Every percentage point in small businesses' share of federal contracts approximates to $4 billion in additional revenue for small firms.

    More than thirty percent of contracts awarded with economic stimulus funds went to small businesses. 

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