A Big ‘W’ for Small Businesses By Gloria Larkin There was great news for small business contractors in early November, when the Oakland, Md.-based HUBZone Council announced a huge win. The good word came after the Department of Defense (DoD) released its Cybersecurity Maturity Model Certification (CMMC) 2.0 update, which concerns the agency’s efforts to enhance the cybersecurity practices... Read More
Category: Business Monthly
SBA Suspends Requirements for Federal Construction Contracts and Expands HUBZones
SBA Suspends Requirements for Federal Construction Contracts and Expands HUBZones By Gloria Larkin Some members of the small business community have a new avenue to explore as it continues to seek relief from the pandemic, as the Small Business Administration (SBA) has suspended the bona fide place of business requirement for 8(a) construction contracts. The... Read More
Biden Expanding COVID-19 EIDL Program
Biden Expanding COVID-19 EIDL Program By Gloria Larkin Many small businesses are feeling stuck. In some cases, their economic recovery has stalled and may even be backsliding. Relief funds, which can result in economic hangovers anyway, are running out. And bottlenecks have begun to appear in the credit market. To address these issues, President Joe... Read More
Small Businesses Losing Out Huge in Contracting
Small Businesses Losing Out Huge in Contracting By Gloria Larkin A recent report from the Washington, D.C.-based Bipartisan Policy Center (BPC), Supporting Small Business and Strengthening the Economy Through Procurement Reform, authored by its Director of Strategic Initiatives Dane Stangler, offered some stark and disappointing data. The numbers concerned the involvement and impact of small... Read More