U.S. General Services Administration
SBA Applauds Small Businesses Emphasis in the Greater Southwest Region
Helping small businesses is one of the ways that the General Services Administration (GSA) supports and strengthens our nation’s economy. The way we see it, when we provide opportunities to small businesses, we contribute to the economic health of the country. And we don’t just limit our assistance to small businesses, we also include small disadvantaged, women-owned, veteran-owned, service disabled veteran-owned and HUBZone small businesses.
In working with small businesses, GSA also helps families and individuals across the country who’ve taken on the challenges of being small business owners. And in times like these, we are more committed than ever to ensuring the small business community knows we are available. In fact, we have mandatory goals in place that we use to measure our own success to make sure we are on target.
The nationwide goals for FY 2021 were 30% of GSA’s contracting activity. And for the 13th year in a row, we’ve either met or exceeded them. As of September 23, GSA agency-wide had already spent 46.16% of all procurement dollars with small businesses. And while the final numbers are not in for FY 2021, GSA spent more than $2.6 billion with small businesses in FY 2020. And once the FY 2022 budget is approved, GSA will likely exceed its goals once again, and that’s money available for small businesses across the country.
Knowing how committed we are to the needs of small business owners, we were especially honored this month with a letter of congratulations from the Small Business Administration (SBA). In the letter, Associate Administrator Bibi Hidalgo said:
“I am particularly thankful for the emphasis we have placed on helping Small Disadvantaged Businesses, Veteran-owned Small Businesses, HUBZone firms, and Woman-owned Small Businesses. In the weeks and months ahead, my office will continue to work alongside yours to bolster our national small business community and to build a more resilient supply chain. I am confident that together we will not only take full advantage of what America’s entrepreneurs have to offer, but we will also set our small businesses on a path of continued growth.”
Small businesses are critically important to American communities and the U.S. economy. Through GSA’s Office of Small and Disadvantaged Business Utilization, we administer a variety of programs designed to provide small businesses with access to nationwide procurement opportunities. To learn more about GSA’s commitment to the small business community, follow us on Twitter @GSAOSDBU or visit https://www.gsa.gov/small-business.