The U.S. government is funneling more money than ever to small businesses. In fiscal 2003, small businesses did $62.7 billion of business with the federal government as prime contractors, representing 25.4 percent of all prime-contracting dollars, a record annual percentage. The statutory goal for small business contracting is 23 percent. Best agency: The Department of Homeland Security awarded 40.7 percent of its contracts to small firms in its first year. For more details, see www.sba.gov/news/04-17.pdf.
Get weekly updates on breaking news and business advice to help you advance your career! The week's top stories and resources will be sent right to your inbox. Choose the topics you're interested in:
We value your Privacy.
Previous post: Customize your computer