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Business/Financial

Study Finds Small Businesses Entering Federal Market As Primes Remains Low Since 2013

By Cal Biesecker

Wednesday, November 21st, 2018

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Study Finds Small Businesses Entering Federal Market As Primes Remains Low Since 2013

The number of new small businesses entering the federal contracting market rose from 2001 until 2006, declined “dramatically” between 2007 and 2013, and has remained “relatively low and constant” since then, according to a study by the Center for Strategic and International Studies.The increase in the number of small businesses in the federal prime contracting space coincides with the build-up of the U.S. military for wars in Afghanistan and Iraq and increased defense spending, “signaling that the DoD’s growing demand…

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