There’s good news for small businesses that want to become further entrenched ― and those that simply want to gain entry ― in the government contracting fray as the COVID-19 pandemic moves toward the endemic phase: The U.S. Small Business Administration is updating its approach on size standards for companies to bid on government contracts.... Read More
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New NAICS Codes 2022: What you need to know
New NAICS Codes 2022: What you need to know By: Kiyon Brandford Did you know that every 5 years NAICS codes undergo a review for potential revisions? The last revision happened in Fiscal Year 2017 which means new NAICS code revisions have been released for Fiscal Year 2022. The development and maintenance of NAICS codes... Read More
SBA Expands Eligibility for WOSB Program
This month brings good news for Women-Owned Small Businesses (WOSBs): The U.S. Small Business Administration is offering new information designed to enhance opportunities for that segment of the federal contracting market. The data is from a new program that identifies a greater number of industries that are eligible industries for the WOSB Federal Contracting Program,... Read More
SBA Announces WOSB Program Expands to Include 85% of NAICS Codes
The U.S. Small Business Administration posted a notice that identifies the eligible industries for the WOSB Program based on the results of SBA’s most recent study. Here are some key takeaways: “The U.S. Small Business Administration (SBA) now identifies eligible industries for the Women-Owned Small Business Federal Contracting Program (WOSB Program), which provides set-aside and... Read More