The Office of Strategic Capital directs funding to projects traditional venture capital might overlook.
After a year where it fell short of its goals, the Navy Office of Small Business Programs wants companies with 8(a) designations to get more involved in the acquisition process.
Contracting officers are supposed to use small business set-aside contracts if they think at least two small businesses are likely to bid on a request. It is called the Rule of Two.
Federal contracts are reacting to a couple of rules coming from the Biden administration. One requires them to report so-called greenhouse-gas emissions. Another lets lower-tier subcontracting count toward prime small-business goals.
The Biden administration developed a supplier base dashboard and a procurement equity tool to help agencies identify potential new small businesses to contract with as part of its equity in procurement initiative.
The pandemic relief fraud numbers keep piling up. A billion here, a billion there. Was anybody watching?
Between follow-up to the pandemic, DoD's need to expand the defense industrial base, and the administration's desire to foster new businesses, it's a busy time for the Small Business Administration.
The Small Business Administration and the Defense Department are expanding an arrangement to foster new companies with national security technology. The latest joint effort is called the Small Business Investment Company Critical Technologies Initiative.
In today's Federal Newscast, a pandemic watchdog flags billions of dollars in potential fraud from programs offered by the Small Business Administration.
Judging by the pace of patent applications, intellectual property is expanding fast in the United States and around the world. Without innovation, it's hard to grow and economy.
The Small Business Administration is taking on a major project in the new year – certifying the veteran-owned status of small businesses looking to compete for federal government contracts.
A few years back, Congress changed how the Small Business Administration would calculate whether a business qualified as small. It had been the average of three years of revenue. The new rule was five years. The question arose: When did the new calculus kick in? This had real consequences for a company called Obsidian.
In today's Federal Newscast: Small businesses get some inflation relief from the SBA. Federal first responders, with on-the-job injuries, may soon get better retirement benefits. And federal prosecutors have filed charges following a gun battle that killed a CBP officer.
The Office of Personnel Management removed economist and auditor from its list of high risk mission critical occupations, but said more work is needed to close the skills gap for acquisition, human resources and cybersecurity professionals.
Documents obtained by the Project on Government Oversight or POGO, show the Small Business Administration forgave millions of loans it knew might be fraudulent. SBA issued the loans under the Payroll Protection Plan, a big element of federal pandemic relief.