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Martin Murray

Women-Owned Small Businesses

By January 24, 2013

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small business Women-owned small businesses seem to be getting a rough deal when trying to get contracts from the federal government. For the second consecutive year the number of federal contracts won by women-owned small businesses declined. Although women-owned businesses won $16.4 billion of contracts from the government, this was 5.5 percent lower than in 2011. The number of contracts won by male owned small businesses also fell in 2011, but by only 4.1 percent.

As the number of contracts awarded to women-owned small businesses continues to decline, the government is failing to reach the goal that was set in 1994 of awarding at least 5 percent of the total value of eligible contracts to woman-owned businesses. The current level is around 3.2 percent.

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Comments

January 29, 2013 at 3:47 am
(1) Isla Bennett says:

I can’t believe that women and minority owned businesses still get screwed over the federal government. I know it is hard to get contracts and that it why a lot of companies don’t bother as its not worth the trouble.

January 30, 2013 at 12:49 am
(2) Tasmin Forbes-Smith says:

Federal contracts are not easy to come by and it is hard to give such a low price for some services or items. I have friends who have submitted bids for state and federal contracts and it takes forever to get a reply so in the time it took to get a reply, the price has gone up. There has to be an easier process.

January 30, 2013 at 7:43 am
(3) Rosa Silva says:

I own a small company and we were advised by the SBA to complete for some small federal contracts. We found the whole process very complicated and we found that over 100 companies had applied for the one contract. There was no way we were going to win the contract, it was a complete waste of our time and resources.

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