Small Business Administration

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Small Business Administration

An agency of the U.S. federal government that guarantees loans made to entrepreneurs and small businesses. It also provides special assistance to businesses run by women and minorities. It was established in 1953.

Small Business Administration (SBA)

A federal government agency created in 1953 to “aid, counsel, assist and protect... the interests of small business concerns,” including real estate-related industries. It provides training and counseling and financial assistance through loans and guarantees. The SBA (www.sba.gov) also negotiates small business set-asides with federal agencies requiring outside goods and services, meaning that a certain predetermined percentage of those contracts will be awarded to small businesses.

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8220;The Government Contracting Institute provides another beneficial business development resource to bwtech's incubator companies,” said Ellen Hemmerly, “particularly those in our cybersecurity program.
The Government Contracting Institute, established in 2013 by bwtech@UMBC and TargetGov at bwtech@UMBC's Research Technology Park, is a series of courses designed to help businesses at all experience levels see success in the federal government marketplace.
The Government Contracting Institute has made a positive impact with the attending business people as well as the bwtech@UMBC's business incubator residents.
By giving users an efficient tool for capturing and reporting project labor and direct expenses at the cost objective level, Wind2 Software's end-to-end solution for government contracting makes it easier to meet local, state and federal contract requirements.
No industry has made greater contributions to the economy and quality of life of the Washington area than government contracting," said Fairfax County Chamber President and CEO William D.
Gloria Larkin, President of TargetGov, said, “The Government Contracting Institute has grown dramatically.
Waymire is particularly concerned about the loss of government contracting opportunities for minority-owned businesses.
Current Hot Issues: Government contracting reform, accounting implications of pension reform, "commercial item" recognition.
The New Jersey Assembly recently passed a bill that would require local government contracting units to make publicly accessible the names of all parties who have received documents related to a project's bidding.
This article approaches this viewpoint by examining the post-award management of a single service in one commercial industry and compares it to government contracting practices particularly with an emphasis on legacy cradle-to-grave organizational structures while also exploring the need for a shift in government perspective and change in organizational practices.
American Graduate University is a leading provider of advanced degrees and certificate programs for government contracting and program management professionals.

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