Minority-Owned Contracts to be Doubled in 2022
The objective will increase the amount of federal contract dollars awarded to Minority-Owned Businesses in the U.S.
Interested in Government Contracting?
Any business owned and operated by 51% minorities will now have the opportunity to compete for twice the amount of Federal spending. Every day the U.S. spends over $6 trillion dollars. Thanks to a new federal initiative, the Government will be using that money to assist the advancement of Minority-Owned firms.
Announced recently, the Government seeks to use Federal procurement to close the racial wealth gap. Their intention is to help businesses owned by all minorities to succeed with the largest consumer in the world by increasing Government Contracts going to disadvantaged businesses.
This announcement will open doors for companies across the nation. From IT to Healthcare and everything in between, Minority-Owned businesses of all sizes will have a better opportunity to succeed. If you are a Minority-owned business looking to secure contracts with the Federal Government, this is your opportunity to grow.
“Federal procurement of goods and services is one of our most powerful tools to advance equity and build wealth in underserved communities,” said the White House. Overall, the Administration is looking to add an additional $100 billion for small, disadvantaged businesses over the next few years.
Government Services Exchange is a third-party service provider with decades of experience assisting Minority-Owned firms in being awarded contracts. It can be complicated to complete everything that goes along with Government Contracting. That’s where we come in.
We will help you throughout the process to get on the GSA Schedule, show you where to find contracts, and provide you constant communication with our GSA experts.
To start growing your business, call (866) 850-1710 now.