COVID-19 relief options and additional resources

SBA's Southeastern Region Exceeds Contracting Goals

Increases Contracts for Targeted Community Zones, Women, and Veterans
Release Date: 
Monday, August 31, 2020
Release Number: 

By Ashley D. Bell, SBA Southeast Region Administrator & Entrepreneurship Policy Advisor for the White House Opportunity & Revitalization Council

Every year, the SBA and other federal agencies set prime contracting and subcontracting goals by utilizing the Procurement Contracting Scorecard, which include targets for small businesses, women-owned small businesses, small disadvantaged businesses, Service-Disabled Veteran-Owned small businesses, and small businesses located in Historically Underutilized Business Zones (HUBZone).The federal government’s goal every year is to award at minimum 23% of all federal contracts to small businesses.

We are proud to share (below) that small businesses across the Southeastern Region secured $27.3 billion in federal contracts, assuring that 27% of federal contracts were awarded to small businesses. Additionally, Veterans were awarded $4.7 billion; women-owned businesses generated $4.75 billion; and disadvantaged small businesses led the pack with $9.76 billion. HUBZone firms received $1.68 billion in contracts which focus on helping those in distressed, low-income rural and urban communities with high unemployment. 

Now that the Paycheck Protection Program has expired, I see contracting opportunities as especially important, as well as the SBA’s continued support of small businesses through programs such as EIDL (Economic Injury Disaster Loans), CARL (Community Advantage Recovery Loan), and other SBA Debt Relief programs.  Through government contracting success and additional SBA programs we can continue making significant contributions by pushing our economy past this COVID-19 pandemic with job retention and, in many cases, job expansion.

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