HOW WE HELP
You've often dreamed of growing your company in the government sector. Now you can finally get the help you need to do it.
For far too long, the opportunties in the federal market, as well as the state and local governments, have only been a dream. Now the Government Business Incubator (GBI) is poised to help you to make that a reality.
We help you by eliminating the guest work and streamlining the contracting process. We'll go from information to application. You'll be taught what to do, how to do it, and why you should do it that way. When you're done with the work, we'll review the work to make sure that you did it well.
Small businesses are greatly disadvantaged in the government market.
- Source: SBA & FPDS
WHY WE HELP
The government market is a $6 trillion industry. Each year, the federal government awards nearly $500 billion in contracts. Yet, within our communities, there exist individuals and organizations which are underserved in the government contracting market. The graph above and the data below illustrates the disparities which exist in the federal government sector.
Small businesses represent 99.7% of all US companies. Yet, they only won $83 billion of the $500 billion in the federal market, or 16.7%. The federal set-aside goal to small businesses is 23% (goal was not met).
Minorities: Minority owned businesses represent 14.6% of the companies in the US, yet only 5.4% of contract dollars were awared to 8(a) Certified companies.
WOSB: Women Owned Small Businesses represent 36% of the business community, yet only 4.6% of contract dollars were awarded to WOSBs.
HUBZone: Businesses located in low income areas have a set-aside program of 3%, yet less than 2% of contracting dollars went to businesses in these communities.
SDVOSB: Service Disabled Veteran Owned Small Businesses have a 3% set-aside program. Yet, SDVOSB only won 2.6% or $12 billion of the $500 billion.
As such, a coalition of organizations and partners have come together to bring about change. Our aim to create more access to the disadvantaged business communities.