November is National Entrepreneurship Month, a time to celebrate individuals and small business owners who drive economic growth and create jobs across the U.S. For entrepreneurs looking to expand their reach, federal contracting offers a valuable pathway, providing access to government markets and potential for significant business growth. With over $600 billion in annual spending, the federal government is the world’s largest buyer of goods and services, making it a lucrative opportunity for small businesses aiming to grow.
Through federal certifications and set-aside programs like HUBZone, Women-Owned Small Business (WOSB), Veteran-Owned Small Business (VOSB), and the 8(a) Minority-Owned Business Development Program, the government encourages small businesses to participate in contracting. These programs are designed to level the playing field, ensuring small businesses get a fair shot at contracts that could transform their business. By taking advantage of these certifications, entrepreneurs not only gain access to dedicated contracting opportunities but also build credibility that opens doors to new private-sector clients.
This National Entrepreneurship Month, consider how federal contracting might play a role in your business’s growth strategy. Whether you’re looking to get certified, explore SAM registration, or learn more about the contracting process, now is a perfect time to investigate these opportunities. Empower your business with the resources and support offered through federal programs, and make this month a stepping stone toward long-term success in the government marketplace.
An important key to unlocking opportunities with Federal Contracting is having an active and compliant SAM Registration. If you are unsure if your business has a SAM Registration, use the SAM Status Lookup Tool by clicking below.