SBA Announces Changes to Federal Contracting Program For Women-Owned Small Businesses
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Women-owned small businesses will have greater access to federal contracting opportunities as a result of changes included in the National Defense Authorization Act of 2013 (NDAA) to the U.S. Small Business Administration's (SBA) Women-Owned Small-business Federal Contract Program.
"This new law is a prime example of how the Obama Administration is embracing a more inclusive view of entrepreneurship, helping small businesses and America succeed," said SBA Administrator Karen Mills. "Today, women own 30 percent of all small businesses up from just 5 percent 40 years ago. As one of the fastest growing sectors of small-business owners in the country, opening the door for women to compete for more federal contracts is a win-win."
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