Category: Business Monthly

ESOPs Eligible for DOD Pilot Program

Is your company owned under an employee stock ownership plan? If so, you need to know what’s new from the Department of Defense ― a pilot program allowing contracting officers to award sole-source follow-on contracts to contractors owned 100% by an ESOP. Although sole-source awards already exist for certain small businesses, this program marks the... Read More

Navy Moves to Boost Small Businesses

Here’s the good news: it appears that significant parts of government contracts are reaching the hands of small business owners via its prime contractors. That’s the intention of the U.S. Navy, which offers five large contracts that are subcontracted into smaller awards, allowing more entrepreneurs to bid for work. Still, the process can use some... Read More

Affirmative on SBIR, STTR extension

There’s good news on the horizon for entrepreneurs: the Small Business Innovation Research (SBIR) program is not coming to a halt anytime soon. That is because the U.S. Senate recently unanimously passed a three-year authorization of the SBIR and the Small Business Technology Transfer Research (STTR) program. The bill, which passed the House as well... Read More