Monday, March 15, 2010

SBA Proposes Rule to Increase Federal Contracts to Women-Owned Businesses

While women-owned firms in this country employ 13.1 million people, just 2.7 percent of Federal Recovery Act contracts have been awarded to women-owned firms. And only 3.4 percent of all federal contracts are awarded to woman-owned companies, despite the federal government having a goal of awarding 5 percent of contracts to women-owned firms. .

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