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Congressman Kennedy's Small Business Resource GuideAmerican Recovery and Reinvestment Act (ARRA)
Small businesses are the backbone of the American economy, as they account for 60 to 80 percent of new jobs that are created. In The recent economic crisis has hit small businesses particularly hard, as the limited access to credit makes it difficult for small businesses owners to acquire short-term loans to cover payroll or inventory expenses. The Recovery Act, which I supported, included numerous provisions to generate new lending and investment, as well as $15 billion in tax relief.
Kennedy’s GROW America’s Small Business Act
I have introduced the Generating Reinvestment Opportunities with (GROW) ’s Small Businesses Act of 2009. This bill will allow small businesses a one-time deferral of payment on their income taxes to reinvest in their businesses. By allowing a business-owner the flexibility to expand their business, we can help entrepreneurs survive the recession and create jobs. For more information, click here.
Federal Opportunities and Contacts
Department of Homeland Security (DHS) Business Opportunities Newsletter
Produced monthly by Chairman Thompson of the House Committee on Homeland Security, this newsletter provides an overview of contracting opportunities within DHS. As the new Administration develops new procurement practices, this information can serve to help small, medium and large companies understand the Department’s practices and rules. Federal Agency Liaisons The Small Business Paperwork Relief Act of 2002 (SBPRA) requires each federal agency to establish a point of contact to act as a liaison between the agency and small business concerns. Federal Agency Small Business Contacts Additional Federal Procurement Resources Below, please find various resources and information to assist your efforts for doing business with the federal government. I will continue to update this page, and I encourage you to contact my office if I can be of assistance. Located in every state, these centers advise and train businesses in financial matters, including certification procedures for small and minority businesses. They are an excellent first stop for any business, especially those with little or no previous experience in dealing with federal procurement.
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Although the main focus is providing technical assistance on selling to the military, the centers cover marketing to all government agencies through counseling, training, and procurement programs.
The contracting officers are familiar with the procurement needs of the federal facilities located in their region.
This information gateway, prepared by the Congressional Research Service for Members of Congress, provides guidance and online procurement procedures for doing business with the federal government.
Information and Training
Learning how to sell successfully to the
Registration Requirements
Registration is required to compete for federal government procurement and contracts.
For continuing business, apply to be a GSA Schedule contractor.
Also called Multiple Award Schedules (MAS) and Federal Supply Schedules (FSS).
Subcontracting Opportunities
A federal contract may be so large that a single company might have difficulty in providing the products or services required to meet the terms of the contract. A prime contractor may need to use subcontractors to complete contractual obligations.
Selling to the Military and Department of Defense
Many of the DOD contract announcements and registration requirements for businesses have been incorporated into FedBizOpps (Federal Business Opportunities), with registration at Central Contractor Registration (CCR). However, there are often special requirements for selling to the military. The vast majority of DOD contracts are awarded by DOD field organizations, or specific mission-oriented agencies within an organization.
The federal government offers many programs that help to support minority, female and Native American entrepreneurs.
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