GBS In The News


2013 is the Year for Women-Owned Small Business Contractors

2013 is the Year for Women-Owned Small Business Contractors

This is one of the most important times for women-owned small businesses (WOSBs). As women are now one of the fastest-growing and most prolific economic forces in the nation, more women-owned small businesses need to look towards the federal government as a viable customer. The government did its part by implementing the Women-Owned Small Business (WOSB) Set-Aside Program in 2011. More ...

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Expert’s Corner: The Government Market in 2013

Expert’s Corner: The Government Market in 2013

The U.S. economy and government budgets appear to be getting stronger at the start of 2013. The economy grew at an annual rate of 3.1 percent in the last quarter of 2012, which was the fastest quarterly growth since late 2011, according to the U.S. Commerce Department. Exports increased at a fast pace in the third quarter of 2012, as did consumer spending. In addition, employment rose in several s...

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New law may give women-owned small businesses a boost

New law may give women-owned small businesses a boost

Vying for federal contracts used to be a vexing process for a Stafford County woman-owned business. Acolyst, founded and owned by Ellie Nazemoff, had to split complex projects into smaller tasks due to caps on federal contracts awarded through the Women Owned Small Business Federal Contract Program. “For each task underneath the overall project, we would spend thousands of dollars in ...

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Getting Started in Government Contracting

Getting Started in Government Contracting

Contracting with local, state, or federal government agencies can be lucrative for small companies. Particularly valuable in uncertain economic times, government contracts can provide you with stable customers, prompt payment (15 days in many cases), and—often—a pipeline of repeat business. In your case, state and local agencies commonly use outside contractors for projects such as co...

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