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Contracting Corner: Are You Ready for Government Contracting?

This is the second post in our " Contracting Corner " series from Judy Wolf, Government Contracting Coordinator, Mohawk Valley SBDC & NY SBDC Procurement Assistance Center   If you’re like most small business owners, you’re drawn to the idea of government contracting, but don’t necessarily know where to start. Perhaps you’ve heard talk of small business set asides or minority-, women-, and service-disabled veteran-owned business utilization requirements, which can make it sound as if winning government contracts is a given for companies owned by individuals who are eligible for certification. Don’t be fooled. While there can be some benefit to being a small business, particularly one owned by members of certain historically under-represented groups, government contracting is not an easy row to hoe. The following questions cover some cornerstones you’ll want to make sure form a solid part of your foundation before you start building your business in this comp

Contracting Corner: A Few Good Rea$on$ to Consider Government Contracting

This is the first post in our " Contracting Corner " series from Judy Wolf, Government Contracting Coordinator, Mohawk Valley SBDC & NY SBDC Procurement Assistance Center Interested in government contracting? There’s good reason to look toward this area of opportunity. According to USAspending.gov, on the federal level in FY 2015 alone, more than $428 billion were spent on nearly 3.4 million contracts. More than 127,000 of those contracts were awarded in New York State, bringing nearly $9.4 billion into New York. Add to that the fact that it is written into law that the federal government has to do everything in its power to funnel 23% of its spending to small businesses, and this equates to great opportunity for entrepreneurs! Federal agencies take this responsibility very seriously. Recent measures to enforce the importance of these goals include adding measurements to the evaluations of senior federal agency officials tracking progress toward meeting small busine