Government Meets Goal Set in 1994 for Women’s Business Contracts

The New York Times: After more than 20 years of effort, the federal government has, for the first time, met its goal of awarding 5 percent of the money it spent on contractors to businesses owned by women.

Small companies captured 25.8 percent of the government’s contracting dollars last year, representing $90.7 billion, the Small Business Administration plans to announce on Wednesday. About $17.8 billion of that total went to businesses owned by women during the fiscal year, which ended in September.

Read article

i360Gov Newsletters

The most significant government policy, business, and technology news and analysis delivered to your inbox.

Subscribe Now

Trending