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Government Contracting for Small Businesses: How to Get Started

Government Contracting for Small Businesses: How to Get Started

Government contracting for small businesses can be a great way to increase their potential customer base and expand their services. However, it can be intimidating to get started, especially since you’ll be dealing with a lot of bureaucratic processes, and the paperwork could be too taxing and time-consuming. 

But once you’ve penetrated the federal marketplace and become a government vendor, many opportunities will be handed to your small business. This means that you could expand and grow to the next level.

New Funding for Minority Businesses: Capital Readiness Program

New Funding for Minority Businesses: Capital Readiness Program

Funding for minority businesses is not entirely scarce. But these businesses are often subject to higher costs and more stringent loan requirements, making it difficult to secure financing. This lack of access to capital has a major impact on the ability of minority businesses to start, sustain, and grow their businesses. Additionally, many minority businesses are denied access to government contracts, leaving them without the resources they need to expand their operations.