Federal Government Exceeds Small Business Contracting Goals | SBA Syracuse-Upstate August 2020

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Syracuse-Upstate District Office - August 2020

u s small business administration

From the District Office Team

Federal Government Exceeds Small Business Contracting Goals

Steve

This past week, the Fiscal Year 2019 Small Business Federal Procurement Scorecard was released. Each year, federal agencies determine their prime and subcontracting goals in coordination with the SBA. The sum total of all agency goals meets the 23 percent target for the federal government.

This fiscal year, the federal government exceeded its small business federal contracting goal, awarding 26.50 percent or $132.9 billion in federal contract dollars to small businesses. The federal government also added one million jobs to the American economy with $132.9 billion in prime contract dollars awarded to small businesses.

The SBA is dedicated to helping small businesses do work with the federal government by offering a variety of programs designed to assist the needs of different businesses. SBA's 8(a) Business Development, HUBZone, women-owned, and service-disabled veteran-owned small business programs are all options for those who are interested in contracting. Information can be found below and also on the SBA website at sba.gov/contracting.

Sincerely,
Stephen Barr
Business Opportunity Specialist

SBA Program and Initiative Updates

Scorecard

 

Fiscal Year 2019 Small Business Federal Procurement Scorecard

The individual agency scorecards released this past week, as well as a detailed explanation of the methodology, is available online.

  • In FY19, the federal government exceeded the service-disabled veteran-owned small business and small disadvantaged business goals and the prime contract dollar awards in all small business categories increased from previous years.
  • The federal government also exceeded its subcontract goals for awards to small businesses and women-owned small businesses and awarded more than $90 billion in subcontracts to all small businesses.  

Read the Release

 


WOSB Federal Contracting Program

WOSB Ready, Women-Owned Small Business Federal Contracting program, Certification changes

The SBA is making it easier for qualified small businesses to participate in the WOSB Program by improving the customer experience. The new WOSB Program regulations will make it easier and more efficient for contracting officers to set aside contracts for, and make awards to, firms certified as WOSBs and EDWOSBs. Details about all program changes can be found at sba.gov/WOSBready.

Things to note:

  • On October 15, SBA will begin issuing decisions on certification, although small businesses may begin submitting applications any time before then
  • Small businesses will still be able to utilize an approved Third-Party Certifier (TPC), at a cost, to obtain WOSB or EDWOSB certification
  • The previous self-certification process will not be an option as of October 15
  • All firms that are already certified through an approved TPC will have to create a new account in the new certification platform and upload their TPC certificate for SBA to complete initial processing

Learn More


HUBZone Program Improvements

hubzone program, what's new fact sheet

The HUBZone program fuels small business growth in historically underutilized business zones with a goal of awarding at least three percent of federal contract dollars to HUBZone-certified companies each year. SBA has made it easier for qualified small businesses to participate in the HUBZone program. In 2020, SBA is implementing comprehensive changes to the program including improvements in three major areas. Details about all program changes can be found at sba.gov/HUBZone.

Learn More


Service-Disabled Veteran-Owned Program

Government contracting veterans

Did you know that the federal government's goal is to award at least three percent of all federal contracting dollars to service-disabled veteran-owned small businesses each year? Joining the disabled veterans’ business program makes your business eligible to compete for the program’s set-aside contracts. You can still compete for contract awards under other socio-economic programs you qualify for.

Learn More


phishing

 

Warning Loan Applicants to Beware of Email Phishing Scams

The U.S. Small Business Administration is sending a cyber warning alert to loan applicants seeking federal aid in response to the Coronavirus (COVID-19) pandemic. Email phishing campaigns where malicious actors are impersonating the SBA and its Office of Disaster Assistance to collect personally identifiable information (PII) for fraudulent purposes have surfaced.

It should be noted that any email communication from the SBA will come from email accounts ending in sba.gov, and nothing more. Loan applicants are being advised to look out for email scams and phishing attacks using the SBA logo. These may be attempts to obtain PII, access personal banking accounts, or install ransomware or malware.

If you suspect an email is associated with a fraud scam targeting the SBA, report it to the Office of Inspector General’s Hotline at 800-767-0385 or online at: 

Report a Fraud

 


 

BLOG POST: Coping with COVID-19

Coping With COVID-19

The COVID-19 pandemic has created uncertainty for small business owners, both in their professional and personal lives. Depending on local guidance, you may be heading back to work or continuing to run operations remotely. As you are navigating these changes, it’s important to establish a balanced and healthy lifestyle outside of work. Here are some tips from the National Institutes of Health (NIH) to help you cope.

Read the Blog


Federal Resources for Small Businesses

Searching for federal COVID-19 resources for your business? This platform provides small businesses with access to a consolidation of COVID-19 related information and resources from multiple federal agencies. This site is developed through a partnership between the Association of Women Business Center and America’s SBDC and is supported by the U.S. Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

Learn More

 


 

Upcoming Events

SUNY Broome

AUGUST 25 & SEPTEMBER 1 - SUNY Broome's EAC COVID-19 Workshops

Staff from the Syracuse-Upstate District Office of the U.S. Small Business Administration will present on relief and recovery assistance for small businesses that are coping with the COVID-19 pandemic. Q&A to follow the workshops.

  • August 25 at 12:00 p.m – This discussion will center around traditional lending programs and assistance for small businesses. Learn about SBA products and resources including access to capital and government contracting. SBA staff will speak on the current status of Coronavirus (COVID-19) disaster relief resources.
  • September 1 at 12:00 p.m. – This workshop will focus on small business recovery. Topics will include funding options, guidance for businesses and employers, and local assistance. Any new updates on disaster relief programs will be discussed.

Learn More

 

Developing Your Social Media Strategy

UAlbany Small Business Development Center Social Media Series

Ensuring that you have an effective social media strategy for promoting your business is more important than ever before. Join the UAlbany Small Business Development Center for a series of five social media focused webinars. Each of the following workshops will take place from 12:00 p.m. to 1:00 p.m.

  • August 19 – Developing Your Social Media Strategy
  • August 26 – Getting Started with Facebook
  • September 9 – Getting Started with Instagram
  • September 16 – Getting Started with Twitter
  • September 23 – Getting Started with YouTube

Learn More


 

Where Can I Get Help?

Resource Partner Lookup

 

Counseling

Albany SBDC
University at Albany
6 Executive Park Drive, Entrance B
Albany, NY 12203
(518) 380-5077 | Fax: (518) 380-5071
www.albany.nyssbdc.org

Binghamton SBDC
Binghamton University
120 Hawley Street
Binghamton, NY 13901
(607) 777-4024 | Fax: (607) 777-4029
http://sbdc.binghamton.edu/

SUNY Canton SBDC
SUNY Canton
34 Cornell Drive, French Hall
Canton, NY 13617-1098
(315) 386-7312 | Fax: (315) 379-3814
http://www.canton.edu/sbdc/

Watertown SBDC
Jefferson Community College
1220 Coffeen Street
Watertown, NY 13601-1897
(315) 782-9262 | Fax: (315) 782-0901
http://watertown.nyssbdc.org

Onondaga SBDC
Onondaga Community College
4926 Onondaga Road, Mulroy Hall
Syracuse, NY 13215-4585
(315) 498-6070 | Fax: (315) 498-2147
http://www.onondagasbdc.org/

Mohawk Valley SBDC
Mohawk Valley Community College
326 Broad Street
Utica, NY 13501
(315) 731-5884
http://mohawkvalley.nyssbdc.org/

 

Mentoring

Find Your Local SCORE Chapter

 

Resources for Veterans

Veterans Business Outreach Center (VBOC) Region 2
44 Dalliba Avenue
Watervliet, NY 12189
(518) 326-6328
https://vbocregion2.com/

 

Resources for Woman-Owned Businesses

Women’s Business Center (WBC) of NYS
200 Genesee St.
Utica, New York 13502
(315) 733-9848
https://nywbc.org/

WISE Women’s Business Center (WISE WBC)
AXA Tower
100 Madison Street
Syracuse, New York 13202
(315) 443-8634
https://wisecenter.org/

 


 

For More Frequent Updates on SBA Happenings:

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@SBAUpstateNY

 

Syracuse District Office